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Demag Cranes launches new DR-Bas rope hoist in India and China



-  Next product launch as part of mid-segment strategy.
-  European engineering, tailored to meet local requirements.

With the launch of its DR-Bas rope hoist, Demag Cranes is further expanding its range of products that are specifically designed to meet the demand of the Indian and Chinese markets. Following the introduction of the DC-Bas chain hoist, customers can now benefit from another hoist unit in the Bas product family as part of our mid-segment strategy. At the same time, Demag Cranes is also launching Bas crane sets from the Bas product family which, besides the DR-Bas rope hoist, also include drives and the complete electrical equipment for crane installations.
All crane components supplied with Bas cran READ MORE.....
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A marriage of equals
The merger OF Putzmeister and Sany – the largest Chinese-German transaction to date – will create a new global leader for concrete pumps.

Putzmeister Holding GmbH (“Putzmeister”) and SANY Heavy Industry Co., Ltd (“Sany”) have announced the signing of an agreement on the merger of both companies. Sany, together with the Chinese Private Equity company CITIC PE Advisors (Hong Kong) Lim READ MORE.....
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Mitsubishi Electric and Messung Group sign Business Transfer Agreement
Mitsubishi Electric India Pvt. Ltd. and the Messung Group jointly announced that they have signed a business transfer agreement to merge the operations of the Messung Group with Mitsubishi Electric India. The Messung Group is an Indian manufacturer of programmable logic controllers (PLCs) and human machine interfaces (HMIs) and currently one of Mitsubishi Electric’s sales and distribution partners READ MORE.....
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Srei business grows by 22 percent in Q3 FY12 to `3,939-crore
Srei Infrastructure Finance Limited (SREI) consolidated disbursement has grown by 22 percent during the quarter ended December 31, 2011, to `3,939-crore from `3,216-crore during corresponding period last fiscal. Consolidated Assets under Management of SREI Infrastructure Finance Limited was at `29,109-crore on December 31, 2011 as compared to `16,011-crore as on December 31, 2010, a rise of 82 per READ MORE.....
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