Skip to main content

Zoomlion acquires dry-mixed mortar equipment manufacturer M-TEC

Zoomlion has announced the formal acquisition of dry-mixed mortar equipment manufacturer M-TEC. A spokesperson for Zoomlion said the move for Neuenbürg, Germany-based M-TEC strengthens the Chinese construction equipment manufacturing giant’s “top brand position” in the concrete machinery field. The latest concrete sector company acquisition by Zoomlion follows the group’s acquisition of leading Italian concrete machinery manufacturer CIFA in 2008.
January 6, 2014 Read time: 1 min
1175 Zoomlion has announced the formal acquisition of dry-mixed mortar equipment manufacturer 7557 M-TEC.

A spokesperson for Zoomlion said the move for Neuenbürg, Germany-based M-TEC strengthens the Chinese construction equipment manufacturing giant’s “top brand position” in the concrete machinery field.

The latest concrete sector company acquisition by Zoomlion follows the group’s acquisition of leading Italian concrete machinery manufacturer 2203 CIFA in 2008.

The Zoomlion spokesperson claimed that M-TEC is the only company globally capable of R&D and the manufacturing of both dry-mixed mortar mixing plant equipment and dry-mixed mortar site equipment. The firm is also said by the spokesperson to be capable of dry-mixed mortar recipe application while also being familiar with mortar production technology, therefore making it better able to meet Chinese market and customer demand.

For more information on companies in this article

Related Content

  • Booming Chinese aggregate demand
    February 22, 2013
    Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
  • Volvo CE Q1 2013 net sales down 33% - but firm maintains profitability
    April 25, 2013
    Volvo Construction Equipment (Volvo CE) said sharply lower global demand, especially in the mining sector, during the first three months of 2013 had caused its 33% net sales decline in the quarter to US$1.829 billion (SEK 12,136mn). The Swedish construction equipment manufacturing giant’s operating income was also down in Q1 2013 to $75.38 million (SEK 500mn), compared to $314.97 million (SEK 2,089mn) in the first quarter of 2012, while operating margin was 4.1%, down from 11.6% in Q1 2012. Volvo CE said it
  • Zoomlion scores Saudi concrete pump deal
    May 15, 2015
    Chinese firm Zoomlion has won a significant order for Saudi Arabia in the shape of a new 174RSU concrete pump. The machine is being supplied to a local equipment dealer through Zoomlion’s Concrete Machinery Branch Company’s overseas marketing company in Saudi Arabia. This is the first time Zoomlion has exported a concrete pump product to the Saudi Arabian market and it is expected to open up a route for the firm to sell more of the units to the country. The deal is of note as historically there has