Mar 23, 2012
Concrete pumps manufacturer merger will not negatively affect clients or companyBack
Cape Town|Construction|Africa|CITIC Private Equity|Concrete|Industrial|PROJECT|Pumps|Putzmeister South Africa|Road|Sany Heavy Industry Company|Africa|China|Germany|South Africa|Building|Equipment|Industrial Pumps Manufacturer|Product|Products|Pump Manufacturer|Service|Solutions|Murray|Ludwig Geyser
© Reuse this
In January, Putzmeister Holding announced that it had signed an agreement with Sany and Chinese private-equity company CITIC Private Equity Advisors to acquire the company.
Putzmeister will remain an independent brand worldwide within the Sany group and will also continue as a premium brand in China.
“After the merger, Putzmeister will conti- nue to offer an independent product portfolio, made in Germany, in accordance with the highest quality standards,” says Geyser.
He states that both parties benefit substantially from the merger, as it will result in Putzmeister joining the largest pump manufacturer in the world.
Sany’s financial strength will also secure Putzmeister’s growth and provides the company with a competitive advantage, he adds.
Sany’s diverse product range also broadens Putzmeister’s scope of product supply. “Diversification is something that Putzmeister South Africa has always strived to achieve and, with this merger, we are now able to supply the industry with complete solutions,” he states.
Sany benefits through the addition of technologically advanced products and innovations to its portfolio, as well as through acquiring a strong distribution and service network outside China, particularly in Africa.
Meanwhile, Putzmeister South Africa recently introduced a new 42 m five-arm truck-mounted concrete pump, the first such product manufactured by Putzmeister that is ‘road legal’, in line with Southern African legislative requirements, says Geyser.
The company has also been awarded a contract to supply an MX 32 m stationary boom placer, together with a trailer-mounted concrete pump to the Portside property devel- opment project being constructed by the Murray & Roberts group in Cape Town.
“The uniqueness of this particular pro- ject is that the MX 32 m stationary boom is the first of its kind in South Africa that will hydraulically climb as the building progresses,” says Geyser.
The project entails the construction of an almost 130-m-tall retail and residential building, which, upon completion, will be Cape Town’s tallest building. Putzmeister successfully installed and commissioned its equipment in February.
Putzmeister Solids Pumps, a division of Putzmeister Holding, which is headed in South Africa by Hennie van Niekerk, is also making inroads into the industry by providing innovative ways to pump citrus biowaste, mine tailings, sludges and various other pumpable materials.
Edited by: Chanel de Bruyn© Reuse this Comment Guidelines (150 word limit)
Other Pumps News
Alongside pumps technology company Verder Pumps South Africa’s (VPSA’s) existing range of industrial pumps, the company exhibited its new Verderflex Dura 55 peristaltic pump for optimum performance and easy maintenance in heavy-duty applications at the Electra Mining...
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
This Week's Magazine
The international Square Kilometre Array (SKA) radio telescope – which is to be jointly hosted by South Africa and Australia with, later, outstations in other countries – may not yet exist, but international scientific working groups are already deciding what...
A free Web-based solar power plant capacity-planning tool offers project planners and developers, as well as governments, a means to assess the solar energy potential of thin-film solar PV power over an area of land. The tool was developed by thin-film solar...
As yet, no specific methodology, timeline or costs have been finalised to remedy the water ingress, excessive to contractual specifications, into the Gautrain tunnel between emergency shaft two (E2) and Park Station, says Bombela Concession Company technical and...
The “seriously disruptive” electricity outages in South Africa have cost packaging group Astrapak more than R2-million in “irrecoverable downtime costs”, the company said on Monday, adding that the power cuts were negating some of the benefit of energy saving...
Bakkies and more affordable cars dominated South Africa’s new vehicle market in 2014. Unaudited data from the Department of Trade and Industry (DTI) shows that South Africa’s most popular vehicle in 2014 was the Toyota Hilux, selling 37 562 units.