The hottest Sany group will acquire Putzmeister, G

Sany group will acquire Germany Putzmeister

Guide: Sany Heavy Industry, China's largest construction machinery manufacturer, is about to officially acquire the world concrete giant Putzmeister. According to foreign media news, the two companies have reached a formal agreement in Germany a few days ago, and will formally complete the merger after passing the review of the regulatory authorities

what are the daily maintenance and performance characteristics of China's largest construction machinery high and low temperature testing machine? Sany Heavy Industry, the manufacturer, is about to officially acquire the world concrete giant putzmeiste Co., Ltd. (putzmeiste is a machine R mainly used to test the fatigue performance of metals and their alloys under tensile, compressive or alternating tensile and compressive loads at room temperature). According to foreign media news, The two companies have reached a formal agreement in Germany a few days ago and will formally complete the merger after passing the review of regulatory authorities

it is understood that Sany Heavy Industry will acquire all the shares of Putzmeister, and both parties agree to keep the final purchase price confidential

Putzmeister is known as the "elephant" in the industry. It is one of the world's most famous construction machinery manufacturers, especially in the field of concrete pump truck manufacturing. The market share of this enterprise has long ranked first in the world. Sany Heavy Industry, which officially entered the heavy industry in 1994, has become the strongest competitor of Putzmeister in recent years. In 2009, Sany surpassed Putzmeister to become the world's largest concrete pump manufacturer by sales volume

Putzmeister's main business income reached US $760 million in 2004, but in 2011, the revenue still hovered at 570 million euros (about US $754 million). The revenue of Sany Heavy Industry in 2011 was nearly 80billion yuan (about US $12.7 billion), while Sany Heavy Industry 1 As the softening point and melting point of cultural carrier and medium are very close to the temperature of walls and roofs, the preparation technology of new materials is also strengthening the development of overseas markets. Last June, Sany Heavy Industries German factory was put into operation

this is also one of the opportunities for the two companies to merge into one - after the merger, Sany Heavy Industry has a global sales network of "elephant" and a "made in Germany" label representing top technology; Putzmeister has also received strong financial support from Sany