Plant machinery manufacturers Kinshofer GmbH and RF System AB have agreed to merge.
Kinshofer is a leading manufacturer of attachments for truck mounted cranes and excavators .
The company said the latest acquisition demonstrates its commitment to being a global leader in excavator.
Bo Andersson, founder of RF System said: “The concentration of knowledge and competence will form a powerful centre for future developments customers can only benefit from.
“In particular the combination of both product ranges will create more groundbreaking innovations for the industry. We are very excited to be part of this mutual future.”