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ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

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PALFINGER and Sany Heavy Industry form two joint ventures · Endata

◂ Announcements

Apr 30, 2026ACQUISITIONChangsha, China

PALFINGER and Sany Heavy Industry form two joint ventures

PALFINGER AG and Sany Heavy Industry Co., Ltd signed two joint ventures in 2012: Sany Palfinger SPV Equipment Ltd. in Changsha to produce truck-mounted cranes for China, and Palfinger Sany International Mobile Cranes Sales GmbH in Salzburg to distribute Sany mobile cranes in Europe and CIS.

Status

Completed

Productstruck-mounted knuckle boom cranestelescopic cranesmobile cranes

CompaniesPalfinger partner Sany Heavy Industry partner

Sectors#Industrial Machinery

“Sany Palfinger SPV Equipment Ltd. in Changsha will develop and produce truck-mounted knuckle boom cranes and telescopic cranes on the basis of the technologies of PALFINGER and Sany for the Chinese market.”hscie.com

1 source
hscie.comPALFINGER AG signed two Joint Ventures with Sany Heavy Industry - HSCieApr 30, 2026

Summarized from public sources; check the original articles before acting on it.

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