Liebherr buys concrete pump producer Waitzinger
23 October 2012
Liebherr Group has acquired German concrete pump manufacturer WaitzingerBaumaschinen for an undisclosed price.
Waitzinger makes truck mounted concrete pumps, trailer concrete pumps and truck mixer concrete pumps. It is based in Neu-Ulm, Germany, was founded in 1991 and has 60 employees.
Liebherr said the acquisition, which was signed on 19 October, offers the “perfect complement” to Liebherr’s existing concrete division, Liebherr-Mischtechnik. The division, with a factory in Bad Schussenried, Germany, produces mobile and stationary mixing plants and truck mixers and conveyor belts for truck mixers.
Liebherr said in a statement; “The acquisition of Waitzinger has afforded Liebherr-Mischtechnik the status of full-range supplier in the concrete technology sector.
“Liebherr's goal is to expand the concrete pump product range and thus further improve its international competitive position in the concrete technology sector.”
Waitzinger’s products will now be distributed via Liebherr's international sales and service network.
Liebherr said the acquisition would present Waitzinger's Neu-Ulm factory and its employees with “opportunities for growth and secures prospects for the future.”
Liebherr-Mischtechnik employs almost 700 people at the Bad Schussenried site.
