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Putzmeister acquires Intermix from Hans-Georg Stetter

Putzmeister Holding signed the contracts for the acquisition of Intermix GmbH on 19 July, 2012. This transaction strengthens Putzmeister in its market position and expands its product line to include additional construction machinery. "This acquisition rounds out our portfolio perfectly," said Norbert Scheuch, CEO of Putzmeister Holding. The company, Intermix, was founded in 1984 by Hans-Georg Stetter, son of truck mixer pioneer Georg Stetter. His company, Intermix has developed rapidly into one of Europe's leading manufacturers of truck mixers and special mixers. The company's customer service and logistics center for the delivery of the machines are located at its headquarters in Heimertingen near Memmingen in southern Germany. These days, truck mixers from Intermix are in worldwide use. Intermix produces and supplies up to 800 machines to end users and distributors each year. The firm's technology, service and strategy are consistently geared towards the needs of its international customers.

For Putzmeister the acquisition of Intermix means an ideal complement to its own product portfolio. Putzmeister develops, manufactures and sells equipment worldwide, in particular concrete pumps for construction, tunnel construction and large scale industrial projects. Starting immediately, Putzmeister will also be distributing truck mixers through its global sales network. These transport the fresh concrete to the building site while maintaining its homogeneity. The concrete's ingredients are mixed together during the journey. Truck mixers are used at the building site together with truck-mounted concrete pumps and stationary concrete pumps. Following the purchase of Intermix, Putzmeister has significantly expanded its portfolio in the concrete supply chain.



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