Charles Machine Works, Inc. (CMW┬«), manufacturer of Ditch Witch┬« underground construction equipment, has acquired 100 percent ownership of HammerHead Trenchless Equipment, manufactured by Earth Tool Company, LLC (ETC) of Oconomowoc, WI. This acquisition makes ETC a wholly owned subsidiary of CMW. Hammerhead is a global leader in the design and manufacture of piercing tools, bursting systems, pneumatic hammers and horizontal directional drill tooling.
“Our decision to acquire HammerHead/ETC was based on our long-term, strategic commitment to grow our core business,” says Tiffany Sewell-Howard, CEO of CMW. “We plan to fully leverage HammerHead’s products and expertise to strengthen our position in the water and sewer rehabilitation markets globally.”
HammerHead/ETC and the Ditch Witch┬« organization both expressed excitement and confidence that the acquisition will ensure long-term sustainability and market leadership. “Both companies have spent years developing customer confidence in our brands,” says Brian Metcalf, CEO of ETC. “Joining together reaffirms a commitment customers can depend on.”