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Zahid inks JV to boost Saudi concrete supply

Riyadh, July 15, 2009

Zahid Tractor has signed a joint venture with Schwing-Stetter, one of the leading manufacturers of equipment for concrete industry, to supply batching plants, transit mixers and concrete recycling equipment across the Kingdom.

In addition, Zahid will provide after sales support and spares, initially from its main branch in Jeddah while the company prepares its existing Kingdom-wide and strategic presence to establish a network of services and parts, said a senior official.

'There is an increasing demand for concrete for the large number of massive projects underway in the Kingdom and our JV with Stetter will provide a significant boost for the construction industry, enabling enhanced production and more efficient utilization of resources,' said Nasser Bayram, Zahid director.

'Schwing-Stetter machinery is seen on construction sites all around the world and by partnering with the industry's top manufacturer we are ensuring that Saudi gets the very best equipment available to support the many projects designed to meet the housing needs of the Kingdom's rapidly expanding population.

Besides it will also facilitate the expansion, diversification and growth of the Kingdom's economy, he added.

Founded 75 years ago and headquartered in Herne, Germany, the Schwing Group has production plants in Germany, Austria, the US, Brazil, Russia, China and India.

In addition, the Group has sales and service centres in France, the Netherlands, the Czech Republic, Austria and Sweden as well as representatives in more than 100 countries worldwide.

'We are very happy to be joining with Zahid Tractor as our exclusive distributor and partner in Saudi Arabia since they are known throughout the global construction industry as one of the best and most progressive companies in the business,' said Dr. Gunther Abolins, managing director of Stetter.

'With a performance record that matches our own in terms of excellence and reliability of products and service, Zahid Tractor enables us to participate in the magnificent projects that make the Kingdom one of the most exciting countries in the world for all those involved in the construction industry,' he remarked.

Schwing-Stetter, he said, offers the most varied range of products for manufacture, transport, placing and recycling of concrete using unique and complementary machines, supported by a global after-sales service all from one source guaranteeing the maximum reliability, economic sustainability and highest re-sale value.

The complete Stetter range includes Concrete Mixing Plants, Truck Mixer Units, Truck Mixers mounted on trucks and Concrete Recycling Plants.

Zahid Tractor and Heavy Machinery, a member of the Zahid Group of Companies, was originally incorporated in 1967 serving virtually all of the Kingdom's public, private and commercial sectors.

Over the past forty-two years it has expanded into additional areas of business providing fully integrated solutions to a demanding clientele.

Zahid Tractor is the exclusive distributor, in Saudi Arabia, of more than 20 diverse and well-respected brands, which cover a broad range of equipment for the construction, mining, shipping, transportation and utility industries.

More particularly, Zahid acts as exclusive dealer for Caterpillar, Volvo Trucks, Renault Trucks, Daewoo Buses, Volvo Buses, Ingersoll Rand and Terex within the Kingdom.-TradeArabia News Service




Tags: Supply | concrete | Zahid Tractor | Schwing-Stetter |

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