Schenck RoTec expands range of balancing equipment in China
Bietigheim-Bissingen/Shanghai, October 7, 2015 – The Dürr subsidiary Schenck RoTec (Darmstadt) is expanding its range of balancing equipment offered on the Chinese market. The global market leader increased its stake in the Chinese supplier Shenlian from 49% to 100% in August 2015. The Shanghai-based company develops and manufactures mainly universal balancing equipment for the lower price and technology segment, whereas Schenck RoTec is already successful in China, catering for the medium segment with equipment manufactured locally. Shenlian is the first corporate acquisition by Dürr in China.
Established in 1991, the company employs a workforce of about 50 and has annual sales in the single-digit million euro range. The company’s headquarter in Shanghai has 6,000 square meters of production area at its disposal. Dr. Ralf-Michael Fuchs, CEO of Carl Schenck AG and Head of Dürr’s Measuring and Process Systems division: “The acquisition of Shenlian allows us to expand our product range and gives us access to the low-end segment of the market, which in turn means that Schenck can expand its customer base. We intend to retain the Shenlian brand name, as it is well known in China.” With market share of more than 30%, Schenck is the biggest supplier of balancing equipment in China; not including Shenlian, Schenck already employs a workforce of around 300 in China.
Ralf W. Dieter, CEO of Dürr AG: “We’re convinced that the Chinese market has immense potential. In addition to new business, there are also opportunities opening up in the modernization and service business. For this reason we continue to invest in our balancing technology business in China with Shenlian.” In 2013, Dürr commissioned a new location for the manufacture of balancing equipment and other mechanical engineering activities in Shanghai-Baoshan. Schenck RoTec generates around 25% of its sales in China.
The Dürr Group is one of the world's leading mechanical and plant engineering firms. Products, systems and services offered by Dürr enable highly efficient manufacturing processes in different industries. Business with automobile manufacturers and their suppliers accounts for approximately 60% of Dürr's sales. Other market segments include, for example, the mechanical engineering, chemical and pharmaceutical industries and – since the takeover of HOMAG Group AG in October 2014 – the woodworking industry. Dürr has 92 business locations in 28 countries. With about 14,500 employees, the Group plans to generate sales revenues of € 3.4 - 3.5 billion in 2015. The Dürr Group operates in the market with five divisions:
- Paint and Final Assembly Systems: paint shops and final assembly systems for the automotive industry
- Application Technology: robot technologies for the automatic application of paint as well as sealants and adhesives
- Measuring and Process Systems: balancing and cleaning systems as well as testing and filling technology
- Clean Technology Systems: exhaust-air purification systems and energy-efficiency technology
- Woodworking Machinery and Systems: machinery and systems for the woodworking industry