The hottest Sany took all the shares of German mac
2022-08-26- Detail
Sany took all the equity of German machinery giant Putzmeister
Sany took all the equity of German machinery giant Putzmeister
China Construction machinery information
Guide: Recently, Sany announced that it acquired 10% equity of German machinery engineering giant Putzmeister, which is called elephant in the industry, from CITIC Industrial Investment Fund Management Co., Ltd., thereby obtaining 100% equity of elephant. Last January, Sany Heavy Industry and CITIC industrial fund invested 324million euros
recently, Sany Heavy Industry announced that it acquired 10% equity of German mechanical engineering giant Putzmeister, which is called "elephant" in the industry, from CITIC Industrial Investment Fund Management Co., Ltd., thereby obtaining 100% equity of "elephant"
last January, Sany Heavy Industry and CITIC industrial fund jointly acquired 100% equity of "elephant" at a price of 324million euros. As the legal relationship of Sany's headquarters moving to Beijing has been handled, Sany's acquisition of the remaining 10% equity of "elephant" has been approved by the Beijing Development and Reform Commission due to the relatively long development time of technology. Sany Heavy Industry announced yesterday that at present, the company and "elephant" have achieved the integration of technology, operation, marketing and informatization, and the sales, profits and other business indicators of "elephant" have been significantly improved
Xiang Wenbo, President of Sany Heavy Industry, revealed in an exclusive interview a few days ago that the annual profit of "elephant" increased significantly after its acquisition. There are four reasons: first, the sales revenue of the beam part that cannot move the electronic universal experimental machine increased; Second, the procurement cost has increased significantly, thanks to the decline of the "one belt and one road" jointly built by the two countries; Third, market integration, Sany Heavy Industry withdrew from the "elephant" market; Fourth, Germany's economic recovery momentum is good
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