Company aims to complete its involvement in concrete technology.

(October 26, 2012) -- As of October 19, 2012, Liebherr Group, a manufacturer of of heavy equipment and other products, has acquired Waitzinger, a concrete pump manufacturer. Specifically, Waitzinger manufactures truck-mounted concrete pumps, trailer concrete pumps and truck mixer concrete pumps.

According to Liebherr's announcement, the Waitzinger brand will stay in place, but both names--Liebherr and Waitzinger--will be distributing the products. Liebherr sees the acquisition as a completion of their involvement in the concrete technology sector. While the company had previously manufactrued mixing plants, truck mixers and conveyor belts, they were not involved in concrete pump development or production until now.