http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.73Change: 0.02
R/$ = 11.04Change: -0.08
Au 1197.63 $/ozChange: -1.53
Pt 1203.50 $/ozChange: -26.50
 
 
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
 
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 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|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
Construction|Africa|Concrete|Industrial|PROJECT|Pumps|Road||Africa||Building|Equipment|Products|Service|Solutions||
cape-town|construction|africa-company|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-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 (150 word limit)
 
 
 
 
 
 
 
 
Other Pumps News
MAHLE WATER-FILTRATION SYSTEM The system is automated and is used to prime and lubricate the water feed pumps
Valve manufacturer Omsa has supplied two Mahle water-filtration systems to a local water supplier’s facilities, in Bloemfontein, in the Free State. These systems formed part of a new feed-water-supply system that was recently installed at the supplier’s facilities....
VERDERFLEX DURA 55 PUMP The Dura 55 expands the Dura range’s flow rates from less than 1 ℓ/hr to 15.3 m³/hr at pressures of up to 16 bar
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...
More
 
 
Latest News
Updated 4 hours ago Increased maintenance costs, poor rolling mill yields and strike action have widened Evraz Highveld Steel’s operating loss, from R149-million in the nine months ended September 30, 2013, to R483-million for the comparative 2014 period. The company added on Monday...
Updated 4 hours ago Energy Minister Tina Joemat-Pettersson has misled Parliament and should be suspended pending an investigation, the DA said on Monday. "Reports indicate that the minister was involved in recommending and appointing Mr Tshepo Kgadima as chairman of the board of...
More
 
 
Recent Research Reports
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.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
 
 
 
 
 
This Week's Magazine
JSE-listed real estate investment trust (REIT) Rebosis Property Fund achieved a distribution growth of 8.1% to 99.45c per linked unit in the financial year ended August 31, despite volatile market conditions.
JAMES ROBERTS The MOM incubator was designed to help babies in developing nations who were dying in conflict-struck nations or who do not receive hospital care
A low-cost, inflatable incubator won this year’s international James Dyson design award, which aims to encourage and inspire the next generation of design engineers.
The World Bank released its ‘Doing Business 2015: Going Beyond Efficiency’ report last month and ranked South Africa 43 out of 189 global economies for its ease of doing business, with Singapore topping the rankings.
Air Products South Africa officially launched its R300-million Eastern Cape air- separation unit (ASU), at its new manufacturing facility in the Coega Industrial Development Zone (IDZ), earlier this month. It is the second facility that Air Products launched in South...
BMW South Africa (SA) has signed a power purchasing agreement with energy company Bio2Watt. The offtake partnership will bring renewable energy to the carmaker’s Rosslyn plant, north of Pretoria.
 
 
 
 
 
 
 
 
 
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