{"id":74175,"date":"2022-06-20T10:32:23","date_gmt":"2022-06-20T10:32:23","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=93603"},"modified":"2022-06-20T10:32:23","modified_gmt":"2022-06-20T10:32:23","slug":"better-together-the-10th-anniversary-of-sanys-acquisition-of-putzmeister","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/better-together-the-10th-anniversary-of-sanys-acquisition-of-putzmeister\/","title":{"rendered":"Better together: the 10th Anniversary of SANY\u2019s Acquisition of Putzmeister"},"content":{"rendered":"
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CHANGSHA, China, June 20, 2022 \/PRNewswire\/ —\u00a0The year 2022 marks the 10th<\/sup>\u00a0anniversary of SANY’s acquisition of\u00a0Putzmeister. Back in 2012, SANY Germany and\u00a0CITIC PE acquired\u00a0100%\u00a0of the equity shares\u00a0in Putzmeister\u00a0for\u00a0360 million euros.\u00a0As a young and ambitious enterprise, this was a milestone move for SANY\u00a0as well as\u00a0a game-changing event in the landscape of the global construction machinery industry.<\/p>\n

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Over the past decade, Putzmeister,\u00a0already\u00a0a\u00a0top\u00a0concrete machinery manufacturer in Europe, has\u00a0achieved\u00a0steady\u00a0growth and\u00a0development\u00a0under\u00a0SANY Group. Putzmeister’s sales volume\u00a0grew\u00a0from\u00a0\u20ac500 million in 2011 to more than\u00a0\u20ac800 million in 2021, maintaining\u00a0its\u00a0leading position in the global concrete machinery market.<\/p>\n

With its R&D, manufacturing and sales network expanding to cover Europe, America, and Asia-Pacific regions, the former\u00a0German family company now enjoys a broader global presence\u00a0in\u00a0154 countries and regions.<\/p>\n

Over the past decade, Putzmeister has been integrated into SANY’s global business map. Today, nearly half of the concrete machinery products around the world bear\u00a0the\u00a0logo of\u00a0Putzmeister or SANY.<\/p>\n

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For\u00a0SANY, Putzmeister provides applicable experience\u00a0in internationalization,\u00a0intelligent manufacturing, and concepts and practices compatible with the fourth industrial revolution.\u00a0For\u00a0Putzmeister,\u00a0its\u00a0capability of developing new businesses is reinforced by\u00a0SANY’s\u00a0financial\u00a0support\u00a0and resources.<\/p>\n

The R&D cooperation between the two companies has been evidently fruitful. The joint R&D teams have successfully launched the\u00a0V8 series and\u00a0the\u00a045m truck-mounted concrete pump for\u00a0the\u00a0European market\u00a0and\u00a0are\u00a0now taking\u00a0the\u00a0lead\u00a0in the new arena of electric, intelligent, and digital products. Putzmeister has released\u00a0the\u00a0world’s first\u00a0hybrid\u00a0truck-mounted concrete pump –\u00a0“iONTRON”\u00a0and\u00a0has\u00a0applied big data technology in the\u00a0concrete\u00a0production,\u00a0transportation, and\u00a0placement\u00a0process\u00a0to improve productivity, operations, and fuel efficiency.<\/p>\n

Both companies serve\u00a0to open up markets for one another. More Putzmeister products\u00a0gained access to\u00a0the\u00a0Chinese market through SANY, such as\u00a0Putzmeister’s\u00a0shotcreting machines, mortar machines, industrial pumps, and\u00a0telebelt.\u00a0Similarly, many\u00a0of\u00a0SANY’s products have become globally visible\u00a0through\u00a0Putzmeister’s\u00a0network.\u00a0“Compared to the sales growth,”\u00a0said\u00a0Dr. Jiang Xiangyang, Chairman’s Representative on behalf of SANY and Board member at Putzmeister Holding GmbH,\u00a0“the significance of the acquisition lies in that it gave SANY a closer view of a leading company in the west, the market in developed countries, and their way of company governance.”<\/p>\n

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To date, the partnership between SANY and Putzmeister has yielded exponentially positive results in the areas of training, employee exchanges, R&D, and business development. Hand in hand, their partnership has yielded far better results than either company alone. One plus one\u00a0has created far greater results than two.<\/p>\n

Photo –\u00a0https:\/\/mma.prnewswire.com\/media\/1842861\/image_1.jpg<\/a>Photo – https:\/\/mma.prnewswire.com\/media\/1842862\/image_2.jpg<\/a>
\nPhoto – https:\/\/mma.prnewswire.com\/media\/1842863\/image_3.jpg<\/a>
\nLogo – https:\/\/mma.prnewswire.com\/media\/1518641\/logo_Logo.jpg<\/a><\/p>\n

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CHANGSHA, China, June 20, 2022 \/PRNewswire\/ \u2014\u00a0The year 2022 marks the 10th\u00a0anniversary of SANY\u2019s acquisition of\u00a0Putzmeister. Back in 2012, SANY Germany and\u00a0CITIC PE acquired\u00a0100%\u00a0of the equity shares\u00a0in Putzmeister\u00a0for\u00a0360 million euros.\u00a0As a young and ambitious enterprise, this was a milestone move for SANY\u00a0as well as\u00a0a game-changing event in the landscape of the global construction machinery industry. [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,343],"tags":[],"yoast_head":"\nBetter together: the 10th Anniversary of SANY\u2019s Acquisition of Putzmeister - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/better-together-the-10th-anniversary-of-sanys-acquisition-of-putzmeister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Better together: the 10th Anniversary of SANY\u2019s Acquisition of Putzmeister - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"CHANGSHA, China, June 20, 2022 \/PRNewswire\/ \u2014\u00a0The year 2022 marks the 10th\u00a0anniversary of SANY\u2019s acquisition of\u00a0Putzmeister. 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