HAINZL acquires majority stake in Slovenian drive technology specialist TOK d.o.o.

The international system provider HAINZL is consistently implementing its committed growth strategy and expanding its sales network on the Slovenian market. The drive technology expert TOK from Ljubljana is the most recent member of the company group to join a common path with HAINZL in the Motion & Drives division.

As a Danfoss Advanced Partner, TOK has a high level of expertise in the design and integration of Danfoss components into complex motion & drives solutions. The company has been successful on the Slovenian market since 1992 as a reliable consultant and supplier for customers in machine, plant and vehicle construction.

"We want to expand and grow our success in the Motion & Drives sector internationally. TOK is the optimal partner for HAINZL in the rising Southeast European markets due to its hydraulics know-how," says HAINZL Managing Director Willi Eibner.

The integration of TOK is a further internationalisation step for the HAINZL Group in the European domestic market. The German drive technology specialist FRANKONIA from Bavaria, which has been majority-owned by HAINZL since 2012 and sole-owned since 2019, is developing very successfully.

The companies of the HAINZL Group have been leading suppliers and development partners for innovative and economical technology solutions for decades. "We are very pleased that many Austrian and German manufacturers in machine, plant and vehicle construction are satisfied and successful customers of the HAINZL Group. Our goal is to also offer this comprehensive competence and experience in the Southeast European markets," says HAINZL Managing Director Björn Fellner.

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