Bespoke load handling equipment from SMAG is the one-stop-supplier for the world ’ s top 10 ports and in construction
Bespoke load handling equipment from SMAG is the one-stop-supplier for the world ’ s top 10 ports and in construction
Peiner Grabs “ is a brand name in every harbour on the planet ,” according to Rainer Veith , the CFO of Salzgitter Maschinenbau AG ( SMAG ), as he explains how the acquisition and the development of the grabs product range resulted in SMAG becoming an international brand .
PEINER SMAG Lifting Technologies ( PSLT ) is a subsidiary of SMAG , the worldwide leading manufacturer of grabs and lifting equipment that are critical to the flow of global supply chains .
SMAG is renowned for its problem-solving skills , bespoke products and close relationship with the customer , which are cited by Veith as three reasons for its global success in load handling equipment , process engineering and special machine construction .
“ The secret of our success is that SMAG evolves with the times and re-invents itself - resilience is in our DNA ,” said Veith , who joined the German-based company just after its centenary celebrations in 2019 . “ We now have a brand name that is known across the globe .”
Today , through its subsidiaries , SMAG is the world market leader in the manufacture of grabs used in global transport , waste management and agriculture . Other divisions include process engineering , special vehicles and mobile antenna masts .
The group , which employs 2,000 people , has dedicated manufacturing facilities in Germany , China and India , 27 locations
worldwide and a reported sales volume of € 300 million .
SMAG uses its expertise in metal and heavy steel construction in combination with hydraulics and electrical engineering . The three pillars of the business include :
• Load handling equipment - includes grabs and spreaders
• Process technology - system solutions are used for the industrial extraction of sugar
• Special mechanical engineers - mobile drilling , mobile mining machines and mobile antenna masts Veith points out that process engineering in the sugar industry is another component of SMAG ’ s growing portfolio . “ In 2018 , SMAG acquired 94 per cent of the BMA , the wellknown market leader in process engineering when it comes to sugar refineries . They have double-digit million Euro projects around the world and are definitely an asset for the entire group .”
“ You will see the giant P ( for PEINER AG ) in every harbour on the planet ”
RAINER VEITH CFO AT SALZGITTER MASCHINENBAU AG ( SMAG )
28 August 2021