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.
Materials

For more information on companies in this article

Related Content

  • Alimak reports strong business – acquiring other firm
    October 28, 2016
    The Alimak Group reports good business levels for the January-September 2016 period and is looking to make an acquisition. The firm said that it has had profitable growth in the third quarter with an operating margin (EBIT) of15.4%, compared with 15.2% for the same period last year. Meanwhile it has seen a 6% growth in order intake, driven by a healthy demand for construction equipment. The operating margin (EBIT) for after sales meanwhile has been 32.4%, compared with 29.5% for the same period last year.
    Read More
  • Liebherr sets new record for financial results
    April 7, 2020
    Liebherr has set a new record for its financial results in 2019.
    Read More
  • Asphalt plant innovations coming to the market
    April 20, 2018
    The use of recycled materials continues to be a key issue for asphalt plant development, but other advances are also being introduced to meet market needs - Mike Woof writes The asphalt plant market has been a focus for a series of technical developments in recent years. Warm asphalt solutions and new technology for the use of recycled asphalt have been high on the R&D priority list for manufacturers of both continuous and batching type plants. However, new developing technology is not the only driver f
    Read More
  • Bauma exhibition is equipment launching ground
    April 3, 2013
    The huge bauma 2013 construction equipment exhibition due in April of this year will be the biggest ever at the site in Munich, Germany. This event will pack even more exhibitors onto the city’s former airport site, with a record number of visitors also expected. Some 3,256 exhibitors are booked for the show, which will be the 30th bauma construction machinery event and will cover a record 555,000m2. Major technical innovations will be highlighted and with the Stage IV/Tier 4 Final emissions regulations due
    Read More

Highlighted Content