Nantong Rainbow Heavy Machineries acquires Koch Solutions

China’s heavy equipment manufacturer, Nantong Rainbow Heavy Machineries, is acquiring German firm Koch Solutions and the two companies have signed the strategic agreement.

Koch Solutions is a German based company offering services for designing, supplying, installing and operating equipment for materials handling. The acquisition will include Koch’s brand, core team, patented technologies, product sales and after-sale services.

Nantong Rainbow said that the company would combine the advantages of Koch and further optimize its business scope and services.

At the signing ceremony for the agreement, the company also released new products under its brand GENMA, which is established to provide heavy machineries equipment applied in industrial cranes, metallurgy cranes, port cranes, offshore cranes & bulk material handling equipment’s supply.

The newly launched GENMA products cover mobile port cranes and seven types of ship-unloaders, which were fully researched and developed by the company.

Nantong Rainbow Heavy Machineries, owned by Jiangsu Rainbow Heavy Industries – listed on the Shenzhen Stock Exchange, is focusing /bulk material handling equipment supply for mining and ports.