Sany Acquisition Provides Geographical And Technological Synergies

CFW View: Chinese construction machinery maker Sany Heavy Industry's decision to acquire German concrete pump maker Putzmeister is the latest illustration of Sany's willingness and ability to expand its overseas presence both organically and inorganically. The deal marks the company's second major investment in Germany in the past 12 months and, despite Europe's economic woes, offers attractive synergies for Sany in terms of access to new markets and new technology.

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