bauma China 2012 - Overseas Acquisition Surge in China Construction Machinery Industry
Date: Feb 07,2012
From: bauma China
On 30 Jan 2012, SANY, the largest construction machinery manufacturer, and Putzmeister, the famous German professional manufacturer, announced together in Germany: they have agreed to merge after regulatory review. SANY and CITIC PE will spend Euro 360 million to have 100% holding in Putzmeister. And SANY will pay Euro 324 million (about RMB 2.654 billion), covering 90% holding. This transaction is supposed to be done in the first quarter of 2012.
The largest construction machinery manufacturer in China merges the well-known German professional manufacturer in concrete pump, which inspires and means a lot to construction machinery industry. It indicates that China development of machinery manufacturing will more focus on expanding overseas market; managing and technical level is catching up with the advanced international standards.
bauma China 2012 is a great opportunity to witness the new changes in construction machinery and reflect the overseas acquisition trend. Just after the acquisition of SANY and Putzmeister, on 31 Jan 2012, LiuGong Machinery Co., Ltd. and Polish construction machinery enterprise Huta Stalowa Wola (short for “HSW”), signed “Final Acquisition Agreement” in terms of the construction machinery unit business. LiuGong has done this deal, which means LiuGong will take this as platform to enter European and American market. Moreover, what about the acquisition between XCMG and Schwing?
How will SANY and Putzmeister define their market positioning respectively? How will they process their marketing after acquisition? 2012 witnesses the surging changes in construction machinery, product chain extending, indefinite funds. To answer these questions and uncover the industry trends, welcome to bauma China 2012! It will be held the 6th time in Shanghai New International Expo Centre on 27-30 Nov 2012, to fully showcase the valuable results of acquisition in construction machinery industry. At present, the booth reservation is in full wing and 15 Feb 2012 will be the due time for the first round application. Welcome to join!
The largest construction machinery manufacturer in China merges the well-known German professional manufacturer in concrete pump, which inspires and means a lot to construction machinery industry. It indicates that China development of machinery manufacturing will more focus on expanding overseas market; managing and technical level is catching up with the advanced international standards.
bauma China 2012 is a great opportunity to witness the new changes in construction machinery and reflect the overseas acquisition trend. Just after the acquisition of SANY and Putzmeister, on 31 Jan 2012, LiuGong Machinery Co., Ltd. and Polish construction machinery enterprise Huta Stalowa Wola (short for “HSW”), signed “Final Acquisition Agreement” in terms of the construction machinery unit business. LiuGong has done this deal, which means LiuGong will take this as platform to enter European and American market. Moreover, what about the acquisition between XCMG and Schwing?
How will SANY and Putzmeister define their market positioning respectively? How will they process their marketing after acquisition? 2012 witnesses the surging changes in construction machinery, product chain extending, indefinite funds. To answer these questions and uncover the industry trends, welcome to bauma China 2012! It will be held the 6th time in Shanghai New International Expo Centre on 27-30 Nov 2012, to fully showcase the valuable results of acquisition in construction machinery industry. At present, the booth reservation is in full wing and 15 Feb 2012 will be the due time for the first round application. Welcome to join!