On July 9, 2019, Nantong Rainbow Heavy Machinery Co., Ltd., a wholly-owned subsidiary of Rainbow Co., Ltd. (hereinafter referred to as “Rainbow Heavy Machinery”) announced at the signing ceremony of acquiring Koch Solutions, an industrial brand of Germany’s well-known heavy bulk system solutions, that the company had successfully acquired KOCH solution based on the company's strategic development goals. In addition to brand acquisitions, the scope of this acquisition also includes the core team of KOCH in Germany, patent technology, product sales, after-sales service network and more. At this point, Rainbow Heavy Machinery had completed an important part of the bulk product line control.
As a professional solution provider for material handling equipment industry, Rainbow Heavy Machinery has always had strong technical and brand advantages in the field of material handling equipment. In recent years, the company's R&D and design teams has provided material handling equipment and one-stop integrated solutions for various port terminals, yards, power plants, marine engineering and other fields, and has emerged in the international market.
At the same time, Rainbow Heavy Machinery has actively developed the bulk material system business in recent years, and has made great progress in the lightweight bulk material system, but it is still in the early stage of development in the field of heavy bulk materials. In order to further strengthen the company's global competitiveness in the field of heavy bulk systems, we have been striving to find quality resources, and the German brand KOCH, which has more than 70 years of experience, is a world-renowned heavy bulk system solution brand.
Regarding future development, Rainbow Heavy Machinery said that the two brands, GENMA and KOCH will fully integrate, complement and mutually promote in the area of resources, talents and industries in the future.
At the same time, Rainbow Heavy Machinery will also make further breakthroughs in the technology of lightweight bulk materials and heavy bulk material systems, thereby enhancing the company's competitiveness in various international projects along the “one Belt and one Road” .
KOCH is a well-known industrial brand in Germany dedicated to heavy bulk material system solutions, such as coal/iron/bauxite/copper ore. It is famous in the fields of docks, yards, power plants and mines.
The history of this German brand dated back to the first half of the twentieth century. In 1945, after the end of World War II, Germany was in a bad shape.
It was also during this year that Ms. Emily Koch, who was committed to post-war reconstruction, created the KOCH brand. At that time, KOCH, which produced equipment in the cement and minerals industries, played a unique role in the recovery and development of Europe.
After more than 70 years of effort, KOCH has flourished in the industry of heavy bulk processing such as docks and yards. Its main products have been extended to stackers, reclaimers, ship loaders and ship unloaders, machines and conveyors, etc. Its products have a high industrial status in Europe, Africa, Southeast Asia and other markets. In recent years, orders have been seized in Russia, Slovenia, Africa and other countries and regions.