China's latest acquisition: Sany buys Germany's Putzmeister

Sany Heavy Industry buys German concrete pump maker Putzmeister for more than €500 million.

<div style="text-align: left;"> Putzmeister broke its own record by pumping concrete to a height of more than 700m at Burj Khalifa in Dubai </div>

Lara Wozniak

January 31, 2012

China’s construction-equipment maker Sany Heavy Industry has agreed to buy German concrete pump maker Putzmeister in the biggest Chinese-German transaction to date.

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