Overview
- Insolvency administrator Tim Beyer endorsed the deal, describing Hagedorn as a reliable owner who secures jobs and continuity before Christmas.
- Reports say the sale prevents a liquidation that could have flooded the market with hundreds of cranes and construction machines, pressuring prices.
- Hagedorn says the combined fleet now exceeds 2,000 vehicles and heavy units, expanding its reach in northern and eastern Germany and positioning it as a market leader in heavy-load logistics.
- The Hüffermann group, which entered insolvency on September 22, was strained by sharply higher US import tariffs of up to 50% and weak demand in core markets.
- The transaction covers all regional locations — including Bremen, Hamburg, Potsdam, Leipzig and Frankfurt — and includes the Knaack-Krane brand.