Chinese firm Sany is buying concrete pump builder Putzmeister

Chinese construction equipment firm Sany is buying Putzmeister, the German manufacturer of concrete pumps. The terms of the deal have not been revealed officially but the acquisition is said to be worth €360-500 million according to various reports.
February 2, 2012 Read time: 1 min
Chinese construction equipment firm 1170 Sany is buying 1259 Putzmeister, the German manufacturer of concrete pumps. The terms of the deal have not been revealed officially but the acquisition is said to be worth €360-500 million according to various reports.

This is a landmark deal for Sany which will give it access to premium quality concrete pumping technology. While Sany has been developing its operations outside of China it has so far to develop a significant market share in western nations. With Putzmeister added to its portfolio however the company now has a market leading brand to add to its range.

Putzmeister has been owned by the Schlecht family since it was established and this purchase marks a significant change for the firm. Quite how the Putzmeister range will be incorporated into the Sany product line-up has yet to be revealed, although a dual brand strategy may be a possibility. It seems likely that Sany will wish to use the Putzmeister brand name due to its reputation for quality, performance and technology, as long as it is able.

%$Linker: External 0 0 0 oLinkExternal www.sany.com Sany false http://www.sany.com/ false false%>

Outside: E5 Stand: E018

%$Linker: 2 Internal 2 4824 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkInternal">View more videos</span></span> Video false /event-news/intermat-2012/video/ true false%>

For more information on companies in this article

Related Content

  • Re-branding of Waitzinger pumps is just the first step to integration with new parent Liebherr
    April 17, 2013
    Having acquired concrete pump manufacturer Waitzinger in October 2012, Liebherr is presenting the four-pump range in the yellow Liebherr livery. This is the first step towards integrating Waitzinger into the huge Liebherr empire. The next steps will see the integration of the two sales organisations. “There will be some markets where Liebherr is strong and some where Waitzinger is strong,” said spokesperson Kristian Kueppers. “We have to look at these and build up the sales organisation where it is required
    Read More
  • Putzmeister’s new self-propelled pump can be quicker than a truck mount
    January 6, 2017
    Putzmeister’s new BSC 1409 D self-propelled concrete pump is designed for concreting drilled piles on unfinished surfaces and can deliver up to 85m3/hr at a pressure of up to 71bar. Powered by a 6-cylinder Deutz engine producing 129kW, the BSC 1409 D can travel at a maximum speed of 3.6km and does not need supports to be set up each time it moves.
    Read More
  • Putzmeister’s new self-propelled pump can be quicker than a truck mount
    April 19, 2012
    Putzmeister’s new BSC 1409 D self-propelled concrete pump is designed for concreting drilled piles on unfinished surfaces and can deliver up to 85m3/hr at a pressure of up to 71bar. Powered by a 6-cylinder Deutz engine producing 129kW, the BSC 1409 D can travel at a maximum speed of 3.6km and does not need supports to be set up each time it moves.
    Read More
  • New Putzmeister truck pumps at Intermat
    January 6, 2017
    Putzmeister’s best selling truck-mounted pump, the 42-5, has been redesigned to improve its operation, maintenance and integration on eight-wheeled truck chassis, to ensure its falls well below the maximum permissible gross vehicle weight of 32 tonnes for the 42m pump.
    Read More

Highlighted Content