Sany acquires Germany's truck mixer maker Intermix - China
Jul 24, 2012 · Sany Heavy Industry, a leading Chinese manufacturer of construction machinery, announced Tuesday that it has fully acquired Intermix GmbH, a German truck mixer maker. Sany spent 8.1 million euros
Sany Heavy Industry Co., Ltd. (SSE: 600031) is a Chinese multinational heavy equipment manufacturing company headquartered in Changsha, Hunan.It is the 3rd-largest heavy equipment manufacturer in the world, and the first in its industry in China to enter the FT Global 500 and the Forbes Global 2000 rankings. Its founder and main shareholder is Liang Wengen.
Jul 25, 2012 · Sany spent 8.1 million euros ($9.78 million) to buy all of Intermix from its founder Hans-George Stetter on July 19 through its subsidiary Putzmeister, a German concrete machinery manufacturer
Jul 25, 2012 · Founded in 1984 by Hans-Georg Stetter, son of truck mixer pioneer, Georg Stetter, Intermix delivers about 800 machines per year. Xinhau, the official press agency of the People's Republic of China, reported that Sany had carried out the deal through its subsidiary Putzmeister, buying Intermix for $9.8 million (8.1 million Euros).
Our partnership for Transit Mixer Manufacturing is with M/s Intermix Gmbh, pioneers in the manufacture of Transit Mixer. We are able to integrate our manufacturing experience and understanding of the market with the expertise and technology from these German equipment giants, which are translated as features in the equipment from the REL-CED
Sany's bid to usurp Caterpillar - People's Daily Online
Oct 16, 2012 · Sany's $663 million acquisition in March of Putzmeister Holding GmbH, a German manufacturer of concrete pumps, was a strong sign of its aspirations of aggressive global growth - a strategy pushed by the Shanghai-listed company's chairman, Liang Wengen. According to Forbes magazine's 2011 billionaires list, Liang was the richest person in China.
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Jul 20, 2012 · Concrete pump producer Putzmeister has expanded its presence in the concrete sector with the acquisition of German truck mixer manufacturer Intermix from its owner Hans-Georg Stetter. Privately-held Intermix is the third largest producer of truck mixers …
Mar 17, 2015 · Arguably Sany's financial strength secures Putzmeister's growth prospects and provides a significant competitive advantage – best typified by Putzmeister taking on truck mixer maker Intermix
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SANY Heavy Industry enters the FT Global 500 ranking of the world's largest companies. SANY develops a 3600t crawler crane, known as the #1 crawler crane in the world. SANY releases a truck-mounted concrete pump with an 86-meter boom, the longest in the world, breaking its own previous record.