Business Services Industry
Wacker and Neuson To Merge.(Wacker Construction Equipment AG merges with Wacker Construction Equipment AG)(Brief article)
Western Builder, April, 2007
Staff Wacker Construction Equipment AG, Munich, Germany, and Neuson Kramer Baumaschinen AG, Linz, Austria, plan to merge into Wacker Neuson AG. Anti-trust approval is pending. According to top officials from both companies, the merger of complementary products lines will create a global manufacturer of light and compact equipment that can capitalize on growth opportunities in the construction, gardening and landscaping markets in Europe, the United States and Asia.
The companies say they are united in their commitment to continue serving their existing customer bases and building a successful future through a long-term strategy focused on local market requirements. Wacker is a major global manufacturer of light and compact equipment with...
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