Hyundai Heavy signs partnership deal with Atlas Weyhausen

Hyundai Heavy Industries has signed a strategic partnership with German construction equipment manufacturer Atlas Weyhausen. The partnership covers four single rollers ranging from 7tonnes to 14tonnes and tandem rollers of 2.5tonne and 3tonne to be built by Atlas Weyhausen.
April 19, 2013 Read time: 2 mins
236 Hyundai Heavy Industries has signed a strategic partnership with German construction equipment manufacturer 162 Atlas Weyhausen.

The partnership covers four single rollers ranging from 7tonnes to 14tonnes and tandem rollers of 2.5tonne and 3tonne to be built by Atlas Weyhausen.

They will be released in emerging markets including the Middle East, Turkey and Russia under Hyundai Heavy's brand from the second half of this year.
The partnership enables Hyundai Heavy to expand its construction equipment line, and Atlas Weyhausen to boost its sales via Hyundai Heavy's 500-plus dealer network in 150 countries.

"We expect this win-win partnership diversifying our construction equipment portfolio will not only boost our existing products sales but will also make HHI the one-stop-shop for construction equipment," said Ji Sang-pyo, senior vice president of Hyundai Heavy's Construction Equipment Division.

Helmut Lorch, managing director of Atlas Weyhausen said, "For us, this long-term strategic partnership is a milestone in the worldwide distribution of its proven compaction equipment line and will enable us to further accelerate our developing efforts in this line of business."

Stand: F8.813A

Stand: F8.808/1

www.hyundai.eu

www.atlasweyhausen.de

View more stories

For more information on companies in this article

Related Content

  • As one of China’s largest construction machinery manufacturers XCMG also has one of the broadest product ranges
    January 6, 2017
    XCMG is developing its presence in the road machinery sector – Mike Woof writes The road machinery division of XCMG is an increasingly important part of the firm’s overall operations and now produces an extensive range of machines to meet customer needs. Guo Chaohui is vice general manager of this segment and said, “Our aim is to become a world class leader of road machinery. We want to introduce the company on the international market and raise the firm’s profile.” XCMG already holds a strong position
    Read More
  • Atlas Copco restructures power solutions
    July 18, 2017
    Atlas Copco has announced Power Technique as the new name of its Construction Technique business area. This has been chosen as the name because power is recognised by customers as the key characteristic of the core product categories in the portfolio; air, power (including light) and flow. The business area will serve multiple customer segments including construction, industrial, drilling, oil and gas and petrochemicals. The change is effective immediately. “Construction customers will always be close to ou
    Read More
  • Manufacturing body CECE issues positive results
    March 12, 2015
    The European construction equipment manufacturer’s association, CECE, has released its strongly positive Economic Report for 2014. According to this report, equipment sales in the European market grew by 9% in 2014. However a flat sales growth is forecast for 2015. The report says that 2014 was a troubled, yet good, year for the European construction equipment industry. Sales on the European market grew by 9% compared to 2013, highlighting slight growth in construction. The European construction equipment m
    Read More
  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More

Highlighted Content