CK Power Acquisition Highlights Trend Toward Total Support
End users are looking to dealers for more and more support, and that includes engine distributors.
As we've seen with Deutz, which has begun servicing whole goods and not just engines, CK Power is now expanding its equipment sales, service, parts, transportation and contractor support by acquiring Rocky Mountain Construction Equipment (RMCE) to complement its existing Rocky Mountain Powertrain (RMPT) division.
That's a mouthful, but it points out a full-service trend that helps managers.
The combined organization allows customers to consolidate equipment support through a single service partner rather than coordinating repairs, transportation, diagnostics, and technical support across multiple vendors.
Together, the organizations create one of the Mountain region’s most comprehensive equipment and industrial service networks, CK says, backed by the CK Power Family of Companies' 97-year legacy in power solutions, industrial engines, diagnostics, and engineering support.
"This acquisition reflects where our industry is headed," said Clayton Costello, Co-CEO of CK Power Family of Companies.
"Customers are looking for service partners that can solve more problems, support more equipment, and respond faster when uptime matters. By combining RMPT and RMCE, we're creating a deeper bench of technical expertise and a broader service network that allows us to support customers in ways neither organization could accomplish independently."
How the businesses blend
The acquisition brings together two highly complementary businesses. For decades, RMPT has built its reputation around industrial engines, transmissions, axles, diagnostics, hydraulics, electrical systems, and powertrain repair.
RMPT is also a Putzmeister dealer and Multiquip dealer for Colorado.
RMCE adds specialized expertise in telehandlers, aerial equipment, concrete pumps, grout pumps, field service, equipment transportation, and contractor support, creating a more comprehensive service platform for construction, infrastructure, industrial, and development customers.
About the Author
Frank Raczon
Frank Raczon has covered and influenced the equipment industry for 35 years, including 15 years as senior editor of Construction Equipment, and marketing, advertising, and public relations work with the industry's top manufacturers. In addition to authoring "Caterpillar: Modern Earthmoving Marvels" (Motorbooks, 2015), he has won numerous awards in his career, highlighted by nods from the Construction Writers Association, the Association of Equipment Manufacturers, the Business Marketing Association, and BtoB magazine. Raczon has also won a number of awards from publishing peer groups such as ASBPE and TABPI.