Volvo Construction Equipment (Volvo CE) is announcing the extension of its business relation with Steelwrist for the supply of factory-fitted Tiltrotators for Excavators to include the supply of innovative excavator quick couplers.
Steelwrist’s new quick coupler technology is designed to always maintain the attachment in a safe position even if the operator should fail in the connection procedure. The development of this new quick coupler technology is based on the increasing quality and safety demands in standards and from markets.
“The Volvo CE quick coupler strategy is based on the Symmetrical Quick Coupler standard and Steelwrist’s patented front pin lock coupler technology,” explains Karl Serneberg, Volvo CE’s global director of attachments. “Our strategic partnership with Steelwrist gives us a competitive advantage in this area.” Koen Sips, vice president of Customer Solutions at Volvo CE agrees, commenting: “With Volvo’s global presence and Steelwrist’s unique product features I am confident that this closer cooperation will drive a significant growth of the attachment business.”
“A lot of effort has been put into our casted quick coupler technology,” concludes Stefan Stockhaus, CEO, Steelwrist AB. “We wanted to build a product that takes safety to a new level yet maintains a compact design that is so crucial for fuel efficiency and productivity. We are happy that this is recognized by Volvo CE.”
Volvo Group Venture Capital has invested in Steelwrist AB, becoming a minority shareholder in the company. “We invest in companies with market-leading products and services, and where an investment from Volvo can accelerate growth for both parties. Steelwrist has a strong product portfolio as well as a leading position in a fast growing global market and we are excited to engage in driving growth of Steelwrist’s business,” says Johan Carlsson, president, Volvo Group Venture Capital.
For further information, please visit: www.volvoce.com/press
Volvo Construction Equipment
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