30.03.2017
Wacker Neuson SE DE000WACK012
DGAP-News: Wacker Neuson SE: Close cooperation between Wacker Neuson and Randon for Backhoe Loaders in Latin America
DGAP-News: Wacker Neuson SE / Key word(s): Alliance/Market launch
Wacker Neuson SE: Close cooperation between Wacker Neuson and Randon for
Backhoe Loaders in Latin America
30.03.2017 / 10:05
The issuer is solely responsible for the content of this announcement.
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(Munich/Caxias do Sul, March 2017) Wacker Neuson Group and Randon Group have
entered into a cooperation for the manufacture of backhoe loaders in
Randon's factory located in Caxias do Sul, Brazil. Wacker Neuson will
realize the commercialization and sales via its dealer network, focusing on
the region of Latin America.
The Brazilian Randon Group produces one of the largest portfolios in the
world in the segment of commercial vehicles focused on road, railroad and
off-road transports. Wacker Neuson Group develops, manufactures and
distributes light and compact equipment worldwide and thanks to its
comprehensive portfolio is a global market leader. Wacker Neuson offers
innovative products including excavators, wheel loaders, tele wheel loaders,
dumpers, vibratory plates, rammers and generators.
Wacker Neuson and Randon now have entered into a cooperation for the
manufacture of backhoe loaders. These backhoe loaders will be manufactured
in Randon's factory located in Caxias do Sul, Brazil and sold through Wacker
Neuson's broad dealer network in Latin America. Wacker Neuson is introducing
its new backhoe loaders BL744 and BL742 (both in the six to seven tons
operating weight class) which have been specifically developed to fit the
needs of the Latin American market. Both models offer high performance,
efficiency and great maneuverability allowing first class work performance
in difficult terrain. Additionally, the machines have a high lifting
capacity and breakout force.
"Thanks to our solid market position and strategic focus, we have a great
starting point for further sustainable growth in the region especially with
compact equipment", explains Cem Peksaglam, CEO of Wacker Neuson SE. "We
provide our customers with reliable and efficient equipment, which allows
them to maximize their benefit. The new backhoe loaders are a great addition
to our portfolio in the region, fit local requirements, and will strengthen
our market position in the region."
"Randon is very proud to share this opportunity with Wacker Neuson in Latin
America. We have here two companies with solid principles and fundamentals
to provide a better solution to the market and certainly in this cooperation
will be born other opportunities", said David Randon, CEO of Randon Group
and Alexandre Gazzi, COO of Randon OEM Division.
About Randon Group
Randon Group began its operations in 1949 and currently produces one of the
largest portfolios in the world, in the segment of commercial vehicles
focused on road, railroad and off-road transports. Today, Randon sets a
global benchmark for road material transport, has strategic world-wide class
partners and is among the largest private companies in Brazil. It is the
leading company in its segments, exports to continents and is part of Level
1 Corporate Governance of BOVESPA (Sao Paolo Stock Exchange).
www.empresasrandon.com.br
About Wacker Neuson
The Wacker Neuson Group is an international family of companies and a
leading manufacturer of light and compact equipment with over 50 affiliates
and 140 sales and service stations. The Group offers its customers a broad
portfolio of products, a wide range of services and an efficient spare parts
service. The product brands Wacker Neuson, Kramer and Weidemann belong to
the Wacker Neuson Group. Wacker Neuson is the partner of choice among
professional users in construction, gardening, landscaping and agriculture,
as well as among municipal bodies and companies in industries such as
recycling, energy and rail transport. In 2016, the Group achieved revenue of
EUR 1.36 billion, employing around 4,800 people worldwide.
www.wackerneusongroup.com
Your contact at Wacker Neuson:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication/
Investor Relations
Preussenstrasse 41
80809 Munich
Tel. +49 - (0)89-354 02-173
[email protected]
www.wackerneusongroup.com
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30.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Wacker Neuson SE
Preußenstr. 41
80809 München
Germany
Phone: +49 - (0)89 - 354 02 - 0
Fax: +49 - (0)89 - 354 02 - 390
E-mail: [email protected]
Internet: www.wackerneusongroup.com
ISIN: DE000WACK012
WKN: WACK01
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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