RENK Group acquires North American leader in suspension systems for combat mobility

Source: RENK Group

RENK Group, through its suspension specialist Horstman, acquires General Kinetics and combines it with its existing advanced mobility center of excellence to create Horstman Canada.

The new company continues to provide superior mobility solutions and now joins with RENK’s strong US, European, and global footprint to deliver a full range of suspension and vibration mitigation. Horstman Canada provides combat proven mobility to both wheeled vehicles such as the Stryker family, and tracked vehicles such as the UK FV430, US Bradley and the M88 Recovery Vehicle.

“Becoming part of RENK’s Horstman team reinforces our support to the Canadian and U.S. Army, and our allies,” Horstman Canada President Chuck Williamson said. “The new organization combines our long established operational excellence with advanced technology and international resources to provide best value to customers and the highest mobility to operators”.

“With this acquisition, we are consistently pursuing our path of growth and further internationalization. Furthermore, we are increasing our market share in the most powerful defense market of North America,” noted RENK CEO Susanne Wiegand.

“Horstman Canada will increase our market share in the wheeled vehicle market and will further strengthen RENK Group’s global excellence in research and development, systems integration, manufacturing and service,” added Michael Masur, head of RENK’s Vehicle Mobility Solutions division.

“We intend to lead the globally competitive, high growth market for vehicle mobility solutions with the efficiencies and opportunities created by this merger of industry leaders,” says Horstman group CEO Ian Pain. Horstman will adopt the Brampton, Ontario facility as its Canadian headquarters and merge the mechatronics, simulation and active suspension engineering from its existing Woodbridge based team.

Horstman expects to retain all North American employees. In addition as part of the transaction, Horstman also acquired the US subsidiaries of General Kinetics – with those employees taken on board Horstman’s team in Michigan, USA.



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