# 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.

- Type: Acquisition
- Announced: 2026-04-30
- Where: Changsha, China
- Status: completed
- Products: truck-mounted knuckle boom cranes, telescopic cranes, mobile cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Palfinger](https://endata.com/companies/17648.md) (partner)
- [Sany Heavy Industry](https://endata.com/companies/25935.md) (partner)

## Sources

- [hscie.com](https://hscie.com/en/transaktion/palfinger-ag-signed-two-joint-ventures-with-sany-heavy-industry/), 2026-04-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.