R/€ = 15.11Change: 0.14
R/$ = 13.42Change: 0.13
Au 1146.94 $/ozChange: 0.49
Pt 943.00 $/ozChange: 8.50
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

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

Concrete pumps manufacturer merger will not negatively affect clients or company

© 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
Creamer Media Senior Deputy Editor Online
© Reuse this Comment Guidelines (150 word limit)
Other Pumps News
The handover of the Zulu pumpstation, in the Tsakane township on the East Rand, to the Ekhuruleni municipality took place last month, following the commissioning of three Kirloskar end-suction pumps, each coupled with 90 kW motors. The completed pump sets were...
Rotating machines service provider Sulzer launched its innovative SNS end suction single stage process pump range last month, which is designed to exceed the highest standards of performance and reliability, and also the design requirements of the ISO 5199 standard....
IPT’S SLURRYSUCKER The design of the SlurrySucker involved fluid dynamic modelling of the dredge head and strength calculation on the float frame
South African pump solutions provider Integrated Pump Technology’s (IPT’s) pump rental division is hiring out IPT’s locally designed, engineered and manufactured floating desilting dredge solution, called the SlurrySucker, at a sugar cane farm, in Swaziland, and a...
Latest News
Updated 15 minutes ago World-renowned fuel cell scientist Dr Sharon Blair would like to see South Africa supply 25% of the global demand for fuel cells by 2020, stating that the country has a tremendous opportunity to develop the industry and capture a share of the growing sector. However,...
Updated 38 minutes ago Public Enterprises Minister Lynne Brown should table an uncensored contract agreement between Eskom and one of its coal suppliers owned by the Gupta family, the Democratic Alliance (DA) urged on Wednesday. The Sunday Times reported on September 13 that Gupta-owned...
Updated 54 minutes ago Cosatu's provincial general secretary, Tony Ehrenreich, had strong words for government and higher income groups as union members marched to Parliament on Wednesday. “We want them to tax the people who live in Clifton and Sea Point,” he demanded, saying workers...
Recent Research Reports
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 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 infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
This Week's Magazine
Sphere Holdings CEO Itumeleng Kgaboesele
Black-owned investment holding company Sphere Holdings plans to raise a further R1-billion in the coming months in support of its strategy to become a leading black industrial enterprise, which could ultimately seek a listing on the JSE.
Energy analyst and EE Publishers MD Chris Yelland warned recently against excessive optimism regarding timescales for the proposed construction of new nuclear power plants (NPPs) in South Africa. He was speaking at a Nuclear Roundtable in Johannesburg. “I think we...
Malawi’s Lilongwe Water Board (LWB) is inviting eligible bidders to prequalify for the board’s efficiency improvement works, which will be implemented as part of the E24-million Lilongwe Water Resources Efficiency Programme.   LWB CEO Alfonso Chikuni explains that...
CROATIA, AN EU MEMBER BUT NOT A TDCA MEMBER On July 1, 2013, Croatia officially became the twenty-eighth member of the European Union (EU). Despite Croatia’s accession into the EU, it is yet to become party to the Trade, Development and Cooperation Agreement (TDCA)...
The Council for Scientific and Industrial Research (CSIR) has announced that its new Inundu airborne electronics testing, evaluation and training pod had made its first test flight on September 10. The successful flight was undertaken from Lanseria International...
Alert Close
Embed Code Close
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
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96