January 31st, 2012, Sany Heavy Industry held a press briefing in headquarters to announce the matters related to the acquisition of Putzmeister Holding GmbH. The acquisition has a huge influence, which makes Sany the surely leading enterprise in the concrete pump truck industry via buying its biggest rival.

Xiang Wenbo, President of Sany Heavy Industry, said that “Although Sany is the largest concrete equipment manufacturer in the world, its principle market is still in China; this acquisition makes Sany become a real world-class brand.”