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China's Sany to acquire Putzmeister
2
Business news
WORLD PUMPS
March 2012
China’s Sany to acquire Putzmeister
Dover adds Maag to Pump Solutions Group
Chinese construction machinery company Sany Heavy Industry Co Ltd is buying Putzmeister Holding GmbH, the German concrete pump manufacturer.
well as for tunnel construction and large-scale industrial projects. Putzmeister has 3000 employees and generated revenues of about €570 million in 2011.
Dover Corp is acquiring the Maag Group from Clyde Blowers Capital and CGS Management.
Sany, together with the Chinese private equity company CITIC PE Advisors (Hong Kong) Ltd as a minority shareholder, will acquire 100% of the privately-owned Putzmeister in a deal that will create a new global leader in concrete pumps.
Under Sany ownership, Putzmeister will continue to operate as an independent brand.
Aichtal, Germany-headquartered Putzmeister specialises in construction machinery, particularly concrete pumps, for the building and mining industries, as
Norbert Scheuch will remain as CEO of Putzmeister within Sany and will join the Sany executive board. Aichtal will become Sany’s new headquarters for concrete machinery outside China. www.putzmeister.com www.sanygroup.com
Grundfos invests in Serbian factory Work has started on Grundfos’s new factory at a greenfield site in Indjija, Serbia. “With this factory we are close to the Central and East European markets which are very important for us,” said Grundfos senior vice president of group production Knud Krægpøth. Grundfos is already producing pumps in Serbia. About a year ago, Grundfos Serbia (GMS) started renting production facilities in Nova Pazova, where
the Bjerringbro UP line was installed. GMS currently employs 46 people. With the new factory, staff numbers are expected to increase to 350 by 2014. “We have a strong and very motivated and highly skilled team and so I am looking forward to seeing it expand. Our present staff will be ambassadors of the way in which we want to run the company,” said GMS general manager Jim Toft Nielsen.
According to provisional figures, KSB saw sales revenues increase 7.2% in 2011 to €2079.1 million
www.worldpumps.com
Headquartered in Zurich, Switzerland, Maag manufactures gear pumps, pelletizers and filtration systems for the plastics,
Maag will become part of Dover’s Pump Solutions Group. www.maag.com www.pumpsg.com
Solar energy project selects Flowserve pumps Flowserve Corp is supplying key pumping systems to a solar energy project near Tonopah in Nevada. USA. The 110 MW Crescent Dunes Solar Energy Project is a concentrated solar power (CSP) plant, with a molten salt power tower design. At the heart of this CSP plant are Flowserve molten salt pumps, which must operate at temperatures up to 565°C (1050°F). The pumps use variable frequency drives designed to regulate pump speed and optimize the efficiency of the system. The Crescent Dunes Solar Energy Project is being built by
Nevada-based Cobra Thermosolar Plants Inc. “Our close relationship with Cobra in Spain, coupled with our 90 years of experience in high temperature pumping applications and our history of supplying equipment for solar power plant projects of this magnitude, was crucial in winning this order,” said Tom Pajonas, Flowserve chief operating officer. “Also important was our ability to be a ‘one-stop shop’ for all of the project’s pumping needs and our full line of service offerings, covering installation, start-up and lifetime maintenance.” www.flowserve.com
www.grundfos.com
KSB’s 2011 revenues exceed €2 billion KSB Group’s sales revenues have broken through the €2 billion barrier for the first time.
The Maag Group was established in 2010 through the merger of Maag Pump Systems and Automatik Plastics Machinery.
chemicals, extrusion and rubber industries. The company had a turnover of €130 million in 2011, employs more than 500 people and has operations in Switzerland, Germany, the US, Italy and China.
with growth in pumps, valves and service. At €2132.3 million, KSB’s order intake was up 2.8% on 2010. www.ksb.com
MZT supplies pumps to Bulgarian power plant Macedonia’s MZT Pumpi has delivered six double inlet split case pumps with motors for the Bobov Dol thermal power plant in Bulgaria. The MZT Pumpi pumps are being used to transport lime
milk in the Bobov Dol power plant’s gas cleaning process. Each of the six D 80-60-74/U pumps has an installed motor power of 630KW/750rpm. www.pumpi.com.mk
Business news
WORLD PUMPS
March 2012
China’s Sany to acquire Putzmeister
Dover adds Maag to Pump Solutions Group
Chinese construction machinery company Sany Heavy Industry Co Ltd is buying Putzmeister Holding GmbH, the German concrete pump manufacturer.
well as for tunnel construction and large-scale industrial projects. Putzmeister has 3000 employees and generated revenues of about €570 million in 2011.
Dover Corp is acquiring the Maag Group from Clyde Blowers Capital and CGS Management.
Sany, together with the Chinese private equity company CITIC PE Advisors (Hong Kong) Ltd as a minority shareholder, will acquire 100% of the privately-owned Putzmeister in a deal that will create a new global leader in concrete pumps.
Under Sany ownership, Putzmeister will continue to operate as an independent brand.
Aichtal, Germany-headquartered Putzmeister specialises in construction machinery, particularly concrete pumps, for the building and mining industries, as
Norbert Scheuch will remain as CEO of Putzmeister within Sany and will join the Sany executive board. Aichtal will become Sany’s new headquarters for concrete machinery outside China. www.putzmeister.com www.sanygroup.com
Grundfos invests in Serbian factory Work has started on Grundfos’s new factory at a greenfield site in Indjija, Serbia. “With this factory we are close to the Central and East European markets which are very important for us,” said Grundfos senior vice president of group production Knud Krægpøth. Grundfos is already producing pumps in Serbia. About a year ago, Grundfos Serbia (GMS) started renting production facilities in Nova Pazova, where
the Bjerringbro UP line was installed. GMS currently employs 46 people. With the new factory, staff numbers are expected to increase to 350 by 2014. “We have a strong and very motivated and highly skilled team and so I am looking forward to seeing it expand. Our present staff will be ambassadors of the way in which we want to run the company,” said GMS general manager Jim Toft Nielsen.
According to provisional figures, KSB saw sales revenues increase 7.2% in 2011 to €2079.1 million
www.worldpumps.com
Headquartered in Zurich, Switzerland, Maag manufactures gear pumps, pelletizers and filtration systems for the plastics,
Maag will become part of Dover’s Pump Solutions Group. www.maag.com www.pumpsg.com
Solar energy project selects Flowserve pumps Flowserve Corp is supplying key pumping systems to a solar energy project near Tonopah in Nevada. USA. The 110 MW Crescent Dunes Solar Energy Project is a concentrated solar power (CSP) plant, with a molten salt power tower design. At the heart of this CSP plant are Flowserve molten salt pumps, which must operate at temperatures up to 565°C (1050°F). The pumps use variable frequency drives designed to regulate pump speed and optimize the efficiency of the system. The Crescent Dunes Solar Energy Project is being built by
Nevada-based Cobra Thermosolar Plants Inc. “Our close relationship with Cobra in Spain, coupled with our 90 years of experience in high temperature pumping applications and our history of supplying equipment for solar power plant projects of this magnitude, was crucial in winning this order,” said Tom Pajonas, Flowserve chief operating officer. “Also important was our ability to be a ‘one-stop shop’ for all of the project’s pumping needs and our full line of service offerings, covering installation, start-up and lifetime maintenance.” www.flowserve.com
www.grundfos.com
KSB’s 2011 revenues exceed €2 billion KSB Group’s sales revenues have broken through the €2 billion barrier for the first time.
The Maag Group was established in 2010 through the merger of Maag Pump Systems and Automatik Plastics Machinery.
chemicals, extrusion and rubber industries. The company had a turnover of €130 million in 2011, employs more than 500 people and has operations in Switzerland, Germany, the US, Italy and China.
with growth in pumps, valves and service. At €2132.3 million, KSB’s order intake was up 2.8% on 2010. www.ksb.com
MZT supplies pumps to Bulgarian power plant Macedonia’s MZT Pumpi has delivered six double inlet split case pumps with motors for the Bobov Dol thermal power plant in Bulgaria. The MZT Pumpi pumps are being used to transport lime
milk in the Bobov Dol power plant’s gas cleaning process. Each of the six D 80-60-74/U pumps has an installed motor power of 630KW/750rpm. www.pumpi.com.mk