Hiniker Company Acquires Daniels Plows

Hiniker Company Announces Acquisition of Daniels Plows, Innovative Snowplow Manufacturer Serving Airport and Equipment Market

Mankato, MN – Hiniker Company (“Hiniker”), a portfolio company of Kinperium Industries Inc. is pleased to announce the acquisition of Daniels Plows, a Holland, Michigan based manufacturer of heavy-duty snowplows for trucks and heavy equipment, effective November 22, 2024.

Daniels Plows (“Daniels”) has a rich 40-year history of developing and manufacturing snowplow innovations designed for a wide variety of applications including airport runways, highways, roads, and parking lots. The Daniels snowplows are the engineered to remove large volumes of snow under demanding conditions quickly and efficiently.

Daniels Joins Hiniker

Beginning this year, Daniels will become part of the Hiniker brand of snow removal products, expanding the Hiniker offering for heavy equipment snow removal operators.

Daniels has helped equipment operators and airports across North America take on difficult snowfall challenges with patented pusher kits that enhance productivity, unique products such as the 3-in-1 Plow and Wing Plow, and the industry’s largest skid-steer mounted plow. Daniel’s airport plows will compliment and offer synergies with United Rotary Brush (“URB”), another Kinperium Industries’ company, that manufactures rotary brushes and brooms for airport runway snow removal. The combined product offering and strength of dealer network for Daniels, Hiniker, and URB will enhance our ability to offer a wide range of airport operations and maintenance solutions.

Randy Powell, CEO of Hiniker and URB, stated: “Bringing Daniels into the Hiniker product line, combined with our United Rotary Brush products, strengthens our commitment to providing year-round airport and road services solutions. Daniels equipment plows, including the industry’s largest skid-steer mounted snowplow, are a great addition to Hiniker’s product offering. The combined strength of United Rotary Brush’s snow removal brooms, with Daniels’ expanded snowplow line, will significantly enhance the value we provide airport operators and other snow removal experts.”

About Kinperium Industries:

Kinperium Industries Inc. is a family office that invests in long-term sustainable businesses with strong management teams and potential for growth. Kinperium provides patient financial and intellectual capital to support portfolio companies with market-leading brands, the potential for industry consolidation, of synergies with existing investments. Existing Kinperium investments include Blue Giant Equipment Corporation, United Rotary Brush Corporation, K.A. Group and Hiniker Company
www.kinperium.com

About Hiniker:

Hiniker is a Minnesota-based manufacturer of agricultural and snow and ice control equipment. Founded in 1970, Hiniker is known for high-quality, long-lasting products that help seed and feed the world and clear surfaces for safe passage. Headquartered in Mankato, Minnesota, Hiniker fabricates and assembles its products in its vertically integrated 250,000-sq.-ft. manufacturing facility. Kinperium acquired Hiniker in June 2024.
www.hiniker.com

About Daniels:

Daniels Plows, is a Holland, Michigan based manufacturer of heavy-duty snow plows for trucks and heavy equipment with a 40-year history of developing patented snow-plow innovations that help airport operations managers and snow removal contractors clean runways, streets and parking lots more efficiently.
www.danielsplows.com

Contact:
For more information, please contact:
Randall Powell, Chief Executive Officer
Hiniker
United Rotary Brush
randy.powell@hiniker.com
913-732-7020

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Kinperium Acquires Hiniker Company

Kinperium Announces Acquisition of Hiniker Company

Press Release:

Mankato, MN – Kinperium Industries Inc. is pleased to announce the acquisition of Hiniker Company, a well-respected manufacturer of snow and ice management products and agriculture attachments effective June 3, 2024.
Hiniker, a trusted name for over 50 years, demonstrates its commitment to innovation and quality by designing and manufacturing purpose-built products and solutions with the end-user in mind. In the snow and ice management space, they manufacture truck and skid steer snowplows, and salt and sand spreaders that increase operators’ efficiency. In the agriculture space, they manufacture cultivators, shredders, cover crop seeders, and other products that help farmers increase their productivity and output.

Why they Decided on Hiniker

Kinperium Industries is a family office that invests in long-term, sustainable businesses and provides investment and intellectual capital to support portfolio companies. They also believe that Hiniker is a strong addition to its portfolio due to the strength of Hiniker’s brand and reputation, innovative product catalog, and synergies with other Kinperium platform companies and their sales channels. Kinperium Industries has experience and expertise in operations, engineering, finance, sales and marketing, and talent management in the manufacturing sector.

Its portfolio includes three other major, market-leading manufacturing businesses with 15 locations across North America. Randy Powell, CEO of United Rotary  Brush, another company in the Kinperium Industries portfolio which designs and manufactures rotary brooms for airport, street sweeper and road construction markets, will join Hiniker’s existing management team. He will lead the company as it focuses on expanding its product line and integrating its products into other Kinperium Industries’ companies and dealer networks while continuing to develop and manufacture innovative products of the highest quality.

Two Bird with One Stone

“Bringing Hiniker into the Kinperium family continues our strategy of servicing our airport and road services customers with year-round solutions,” said Powell, “At the same time, Hiniker expands our commitment to the agricultural markets. This acquisition represents a strategic investment in our future, reinforcing our commitment to providing top-tier solutions for customers across our portfolio of companies. Kinperium Industries has strengthened and grown each of our three portfolio companies and we will do the same with Hiniker by building upon its existing strengths while investing in initiatives to ensure the long-term success of the business.”

About Kinperium Industries:

Kinperium Industries Inc. is a family office that invests in long-term sustainable businesses with strong management teams and potential for growth. Kinperium provides patient financial and intellectual capital to support portfolio companies with market-leading brands, the potential for industry consolidation, or synergies with existing investments. Existing Kinperium investments include Blue Giant Equipment Corporation, United Rotary Brush Corporation and K.A. Group. kinperium.com

About Hiniker:

Hiniker is a Minnesota-based manufacturer of agricultural and snow and ice control equipment. Founded in 1970, Hiniker is known for high-quality, long-lasting products that help seed and feed the world and clear surfaces for safe passage. Headquartered in Mankato, Minnesota, Hiniker fabricates and assembles its products in its vertically integrated 250,000 sq.ft. manufacturing facility. hiniker.com

Contact:
For more information, please contact:
Randall Powell
Chief Executive Officer
United Rotary Brush
Hiniker
randy.powell@hiniker.com
913-732-7020

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