Carrier manufacturer Prinoth has agreed to buy 100% of the capital stock of Jarraff Industries Inc., a privately-owned American company that design and manufactures high-quality specialized right-of-way maintenance, land-clearing, and tree-care equipment used worldwide.
Jarraff Industries was founded in 1979 in St. Peter, Minnesota, by inventor George Boyum, who wanted to meet the market’s need for a lightweight machine that could operate in rough terrain, with no setup time, and with a high degree of stability without outriggers.
Today, the company has secured preferred-supplier status with most of the national, regional, and local right-of-way maintenance contractors, utility companies, and tree-care companies.
Jarraff’s current range of products includes Jarraff All-Terrain Tree Trimmer, Mini-Jarraff Urban Forester, and the LineBacker Brush Cutter.
The transaction is a positive fit for both companies. Jarraff brings a lineup of highly specialized equipment that will enhance and complement Prinoth’s existing products, such as hydraulic mulcher heads, Raptor mulcher carriers, and Panther crawler carriers.
Heidi Boyum, president of Jarraff, said, “I am very proud of the legacy we have established and nurtured over the past 42 years. As a family-run business, I view today’s transaction as an opportunity to ensure that the business, customers, employees, and the community we are in, continue growing while joining an even larger family.” Boyum will continue to as a strategic advisor to Jarraff and Prinoth.
Jarraff’s COO Steve VanRoekel will remain as chief operating officer.
“Jarraff is a perfect addition to the HTI family. We treasure companies like Jarraff that live the values that we consider essential such as innovation, sustainability and dedication,” said Anton Seeber, president of the HTI Group that includes such industrial companies as Leitner-Poma of America, Prinoth, Demaclenko, and Leitwind.
Klaus Tonhäuser, president of the Prinoth Group, said, “This acquisition confirms Prinoth’s commitment to invest and grow its presence in the specialized off-road equipment business. This better positions Prinoth in the high-demand utilities right-of-way and maintenance segment. Jarraff’s specialized product portfolio and strong presence in these critical market segments will provide our customers access to industry-leading products backed by our brand, distribution, and manufacturing experience.”
Alessandro Ferrari, CEO of Prinoth Tracked Vehicles and the new CEO of Jarraff Industries, said, “Jarraff’s products provide the industry’s safest and most efficient solution for clearing and maintaining utility rights-of-way. Furthermore, Jarraff’s culture of working close and responding fast to customer demands is an ideal fit with the customer-centric and agile culture of Prinoth.”
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