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Schwing and Xuzhou Construction Machinery Group seal strategic partnership


German and Chinese companies complement each in product portfolio and market coverage

 


The Schwing Group, one of the world’s leading system providers for concrete construction machinery in the premium sector and parent company of Stetter GmbH, and the Xuzhou Construction Machinery Group (‘XCMG’), the world’s seventh-largest and in China also a leading manufacturer of construction machinery, are planning a strategic partnership. XCMG intends to take a majority holding in Schwing. Under the leadership of Managing Director Gerhard Schwing, the traditional German company will supplement XCMG’s product range in the premium segment as well as the worldwide production, service and sales network outside China. The Schwing management will continue to act independently from Herne in future.

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Contact

Schwing GmbH
Postfach 20 03 62
44647 Herne, Germany
T +49 2325 9870
F +49 2325 72922
info@schwing.de
www.schwing.de
XCMG Group
Industrial Zone 1
Xuzhou Economic Development Zone
Jiangsu, China
T +86 516 87739286
F +86 516 87739255
export@xcmg.com
www.xcmg.com


CPi worldwide journals are trade journals for the concrete and precast concrete industry that are published in 10 different language editions in more than 170 countries. These trade journals, with their practical editorial reporting on research, production and applications, are specifically addressing the decision makers of the concrete and precast concrete industry.

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