http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.49Change: 0.10
R/$ = 10.50Change: 0.05
Au 1294.90 $/ozChange: -0.67
Pt 1407.50 $/ozChange: -21.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Nelson Mandela 1918 - 2013   Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science & Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 23, 2012

Concrete pumps manufacturer merger will not negatively affect clients or company

Back
Cape Town|CITIC Private Equity|Putzmeister South Africa|Sany Heavy Industry Company|Africa|China|Germany|South Africa|Industrial Pumps Manufacturer|Pump Manufacturer|Murray|Ludwig Geyser
cape-town|citic-private-equity|putzmeister-south-africa|sany-heavy-industry-company|africa|china|germany|south-africa|industrial-pumps-manufacturer|pump-manufacturer|murray-natural-feature|ludwig-geyser
© Reuse this



The buy-out of concrete, mortar and industrial pumps manufacturer Germany-based Putzmeister Holding by China-based Sany Heavy Industry Company will have no negative effect on Putzmeister’s customers, assures Putzmeister South Africa CEO Ludwig Geyser.

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
 
 
 
 
 
 
 
 
Other Pumps News
NEW OFFER Hazleton Pumps expects the trading in of old submersible pumps to increase the company’s local pumps sales
Slurry pump manufacturer Hazleton Pumps has introduced a new buyback and trade-in scheme for submersible slurry pumps for cases where it has become economically unviable to repair these pumps, states Hazleton Pumps MD Thys Wehmeyer. “The decision was taken to...
NEW PRODUCTS Pump and Abrasion’s Battlemax range offers several new products for different applications
Slurry pumps supplier and pumps solution specialist Pump and Abrasion Technologies has introduced several new products to its Battlemax range onto the market over the past few years, including the new 35% Ultra-High chrome alloy and high-abrasion- resistant...
ORDERED PRODUCT An Isogate WS knife gate valve, which incorporates a Linatex rubber sleeve, is one of the products to be supplied to the Trident project in Zambia
In addition to currently installing the major cyclone package at mining and metals company First Quantum Minerals’ new Sentinel copper project, in Northern Zambia, minerals solutions company Weir Minerals Africa has been awarded two more packages – one for...
More
 
 
Latest News
Few would argue with the notion that unemployment, which stands at around 25% on the narrow definition as reported by Statistics South Africa, remains one of the country’s most pressing challenges. Fewer still could contest the view that South Africa’s education...
Renewable-energy projects, such as this Northern Cape solar farm, seen as key to low‐carbon energy supply.
Upfront investment costs will and should remain a critical consideration as South Africa moves to upscale and accelerate its infrastructure programmes. But one of the lead authors of the latest Intergovernmental Panel on Climate Change (IPCC) argues that the...
The barrier to efficient water service delivery in South Africa was not of a technological nature but rather related to legal and Constitutional challenges, Water Research Commission (WRC) CEO Dhesigen Naidoo said on Thursday. Opening a WRC debate under the theme...
More
 
 
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
 
 
 
 
 
This Week's Magazine
The Electronic Systems Laboratory (ESL) of the Department of Electrical and Electronic Engineering at Stellenbosch University is strongly reaffirming its position as one of South Africa’s leading centres for satellite technology and expertise. It is currently...
MORE IN SA Phase 2 should see local content on the mainline locomotive increase from 65% to 80% by the end of 2014
The world’s lowest-cost diesel-electric locomotive is not made in China, but in Pretoria, at RRL Grindrod Locomotives’ newly upgraded 30 000 m2 plant. The company’s locomotive pricing is “more competitive than any other original-equipment manufacturer (OEM)...
The South African Defence Review 2012, released to the public at the end of last month (despite the year given in its title) recommends the creation of the post of Chief Defence Scientist. This official would be responsible for the management of defence technology...
AltX-listed engineering technology company Ansys has been awarded an R188-million contract by Transnet to supply integrated dashboard display systems to the freight rail utility’s locomotives. Black-owned and controlled Ansys developed the bespoke integrated system...
South Africa’s sole nuclear power station Koeberg, which is located in the Western Cape, breached a major operations milestone on April 4, which marked the thirtieth anniversary of Unit 1 having been connected to the grid. Eskom, which operates the two-unit plant,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks