In October 2021, Prinoth announced the execution of an agreement to purchase 100 percent of the capital stock of U.S.-based Jarraff Industries, Inc., a privately-owned company that specializes in the design, manufacturing and commercialization of high quality, specialized right-of-way maintenance, land clearing and tree care equipment that is used throughout the world.
Jarraff Industries was founded in 1979, in St. Peter, Minn., by inventor George Boyum, who wanted to meet the market needs for a lightweight machine able to operate in rough terrain with no set-up time and with a high degree of stability without outriggers. Today, the company has secured preferred-supplier status with national, regional and local right-of-way maintenance contractors, utility companies and tree care companies.
The current range of Jarraff products includes: Jarraff AllTerrain Tree Trimmer, Mini-Jarraff Urban Forester and the LineBacker Brush Cutter.
The transaction is a positive, strategic fit for both companies. Jarraff Industries brings a lineup of highly specialized equipment that will enhance and complement the existing line of Prinoth products such as the Hydraulic Mulcher heads, the Raptor line of mulcher carriers and the Panther line of crawler carriers.
Heidi Boyum, president of Jarraff Industries 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.” Heidi will continue to work as a strategic advisor to Jarraff Industries and Prinoth.
“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 industrial companies such as Leitner-Poma of America, Prinoth, Demaclenko and Leitwind.
Klaus Tonhäuser, president of 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 right-of-ways. Furthermore, Jarraff’s culture of working close and responding fast to customers’ demands is an ideal fit with the customer-centric and agile culture of Prinoth.”
Steve VanRoekel will remain COO of Jarraff, and will count on the existing experienced management team to continue managing their operations.