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Hyundai Heavy Expands into Compaction Equipment Business

ULSAN/SOUTH KOREA, May 07, 2013 – Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading construction equipment manufacturer, announced today that it signed a strategic partnership with German construction equipment manufacturer Atlas Weyhausen GmbH for the supply of compaction equipment.

Hyundai Heavy Industris Co. signed strategic partnership with Atlas Weyhausen Gmbh

Under the partnership, four models of single rollers ranging from 7 tonnes to 14 tonnes, and 2.5-tonne and 3-tonne tandem rollers to be built by Atlas Weyhausen will be released in emerging markets including Middle East, Turkey and Russia under Hyundai Heavy’s brand from the second half of this year.

The partnership enables Hyundai Heavy to expand its construction equipment line, and Atlas Weyhausen to boost its sales via Hyundai Heavy’s 500-plus dealer network in 150 countries worldwide. “We expect this win-win partnership diversifying our construction equipment
portfolio will not only boost our existing products sales but will also make HHI the one-stop shop for construction equipment.” said Mr. Ji Sang-pyo, senior vice president of Hyundai Heavy’s Construction Equipment Division.

Mr. Helmut Lorch, Managing Director of Atlas Weyhausen GmbH said, “For Atlas Weyhausen GmbH, this long term strategic partnership is a milestone in the worldwide distribution of its proven compaction equipment line, and will enable us to further accelerate our developing efforts in this line of business.”

Hyundai Heavy Industries Co., Ltd. equipment