Schenck RoTec expands range of balancing equipment - Dürr Group

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Press Release Oct 7, 2015

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.