China’s Sany to acquire Putzmeister

China has laid claim to a pillar of German industry after Sany Heavy Industry, the country’s largest construction equipment group, said it would acquire Putzmeister, a Mittelstand company that makes high-tech concrete pumps. The deal is among the largest in which a Chinese company acquires one of the family-owned, niche-focused, German engineering groups – the […]

Sany sends in concrete pump for Japan quake help

Sany Heavy Industry has sent a 62m concrete pump to support the water spraying operation at the Fukushima nuclear plant. The company answered a call from the president of the Tokyo Electric Power Company (TEP), the company which runs the plant, to send a Sany SY5502THB truck mounted concrete pump to aid the effort to […]