M&A Deal Summary

Liebherr Acquires Shriro Tower Cranes Division

On April 1, 2015, Liebherr acquired machinery company Shriro Tower Cranes Division from Shriro Pacific

Acquisition Highlights
  • This is Liebherr’s 2nd transaction in the Machinery sector.
  • This is Liebherr’s 1st transaction in China.

M&A Deal Summary

Date 2015-04-01
Target Shriro Tower Cranes Division
Sector Machinery
Buyer(s) Liebherr
Sellers(s) Shriro Pacific
Deal Type Divestiture

Target

Shriro Tower Cranes Division

Hong Kong, China
Shriro Tower Cranes Division is a producer of construction cranes and towers serving the Asian/Pacific market.

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Buyer(S) 1

Buyer

Liebherr

Bulle, Switzerland

Category Company
Founded 1949
Sector Machinery
Employees53,000
DESCRIPTION

Liebherr is global manufacturer of construction machinery and other equipment. The Company's divisions include earthmoving, mining, mobile cranes, tower cranes, maritime cranes, concrete technology, machine tools, aerospace/transportation systems, components, and domestic appliance. Liebherr was formed in 1949 and is based in Bulle, Switzerland.


DEAL STATS #
Overall 2 of 3
Sector: Machinery M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-19 Waitzinger

Neu-Ulm, Germany

Waitzinger manufactures truck-mounted concrete pumps, trailer concrete pumps and truck mixer concrete pumps. Waitzinger is based in Neu-Ulm, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-28 GIT SAS

Cugnaux, France

GIT SAS specializes in surface treatment and the application of liquid paint on various materials for the aerospace industry. GIT SAS is based in Cugnaux, France.

Buy -

Seller(S) 1

SELLER

Shriro Pacific

Island East, China

Category Company
Founded 1906
Sector Consumer Products
DESCRIPTION

Shriro Pacific Ltd. is a manufacturer and distributor of retails imaging, sports, technical, and marketing products.


DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-24 Flow Sports

San Clemente, California, United States

Flow Sports is an innovative branding and global distribution company specializing in action sports equipment and consumer goods.

Buy -