Chinese firm Sany is buying concrete pump builder Putzmeister Related Information

China's Sany to acquire Putzmeister | Financial Times

Jan 31, 2012 · China's Sany to acquire German concrete pump maker Putzmeister 31 January 2012 | Roisin Reidy Sany, together with the Chinese Private Equity company CITIC PE Advisors (Hong Kong) Ltd as a minority shareholder, will acquire of the privately-owned Putzmeister in a deal that will create a new global leader in concrete pumps.

Sany buys Putzmeister's 'Made in Germany' brand

Jan 30, 2012 · January 30, 2012. Chinese construction-equipment leader Sany, with backing from Chinese private equity company CITIC PE Advisors, agreed to buy 100 percent of German concrete pump maker Putzmeister

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Oct 04, 2012 · In January, Sany Heavy Industry bought German pump maker Putzmeister for € 360 million. Several months later, the Xuzhou Construction Machinery Group purchased a majority stake in Schwing, a rival concrete pump manufacturer to Putzmeister for an undisclosed amount.

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China Finds Bargains in Germany | INSEAD Knowledge

Oct 04, 2012 · German engineering companies have become a prime target for Chinese investment. But it's a mixed blessing.

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Sany, whose chairman is China's richest man, and Citic PE Advisors, a Chinese private equity company, will acquire all of Putzmeister, with Citic retaining a minority shareholding. Sany and

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Aug 05, 2012 · Putzmeister, which is owned by China's Sany Heavy Industries, develops, manufactures and sells equipment worldwide, in particular concrete pumps for …

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Feb 29, 2012 · A China Investment Corp. subsidiary acquired 8.7 percent of UK company Thames Water, and Chinese company Sany Group announced that it will buy 90 percent of Putzmeister, Germany's largest concrete

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China's Sany to acquire German concrete pump maker Putzmeister

Jan 27, 2012 · Chinese construction equipment manufacturer Sany Heavy Industry has agreed to buy German concrete pump maker Putzmeister Holding GmbH, according to Bloomberg and various European news agencies. Sany and Chinese private equity company CITIC PE Advisors Ltd. will acquire 100 percent of Putzmeister for an undisclosed price. Putzmeister CEO Norbert Scheuch will remain as head of Putzmeister …

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advisors, Chinese executives have then started on rather large targets. Especially in Germany, the purchase of PC maker Medion by IT giant Lenovo for an estimated value of €600 million as well as the just announced deal for concrete pump producer Putzmeister by the major competitor Sany Heavy Industries have made major headlines. CONFIDENTIAL

Analysis: German business confident as China shifts gears

Sep 10, 2013 · China's two sector leaders, Sany Heavy Industry and Zoomlion, have both bought expertise in concrete pump manufacturing by acquiring Putzmeister of Germany and CIFA of Italy respectively.