© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Hyundai Heavy Industries and Scania Announce Partnership
Posted 20th April 2015

Hyundai Heavy Industries and Scania Announce Partnership

Scania will supply engines for next-generation large excavators and wheel loaders made by Hyundai Heavy Industries’ Construction Equipment division, under a new partnership.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Hyundai Heavy Industries and Scania Announce Partnership
Image

Hyundai Heavy Industries and Scania Announce Partnership

Scania will supply engines for next-generation large excavators and wheel loaders made by Hyundai Heavy Industries’ Construction Equipment division, under a new partnership.

The partnership involves Scania supplying engines from its complete range of 9-, 13- and 16-litre models. A particular focus will be on meeting what is currently the most stringent emission standard, Tier 4f. Equipment that meets Tier 2 and Tier 3 emission standards will also be introduced.

The first piece of Scania-powered Hyundai construction equipment to be launched will be the HX520 excavator. It is powered by a 13-litre Scania Tier 4f engine capable of producing 331 kW.

Per Nielsen, Key Account Manager at Scania Engines, says the HX520 excavator is launched at the Intermat construction industry trade fair in Paris.

“We are very pleased to announce this partnership with Hyundai Heavy Industries,” he says. “We have worked very closely with Hyundai during the development phase. We have adapted our engines to suit Hyundai’s equipment, with a major focus on fuel economy, efficiency and total cost of operation.”

Three further excavator models powered by Scania engines will be launched: the HX480, powered by a 13-litre engine, and the HX700 and HX900, both powered by a 16-litre V8 engine. Two wheel loader models will also be launched: the HL970 and the HL980, which are powered by a 9-litre and a 13-litre engine, respectively.

Hyundai Heavy Industries chose Scania engines for their reliability and durability and expects to benefit from improved performance and quality, resulting in increased sales of its excavators and wheel loaders. The company also anticipates improved fuel efficiency (2%~10%) depending on the mode of operation.

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Boralex to Acquire 25% – Wind Farm
M&A
03/11/2016Boralex to Acquire 25% – Wind Farm

Boralex Inc.confirms it will be exercising its option to acquire a 25% economic interest in the 230MW Niagara Region wind farm in which Enercon Canada Inc.

Read Full PostRead - Eye Icon
Years of Experience
Innovation
23/11/2018Years of Experience

Based in Monaco, Antonio Bertelli founded AGAP International SARL with a goal of becoming the worldwide seafood trading company, working with all the major fish producers in order to give customers an excellent service. We invited Antonio Bertelli to talk to u

Read Full PostRead - Eye Icon
PatentAxis Inc. ‘Best Patent Services Firm – Canada’
Finance
12/06/2015PatentAxis Inc. ‘Best Patent Services Firm – Canada’

PatentAxis Inc. is a Canadian patent services firm located in downtown Toronto, Ontario, Canada.

Read Full PostRead - Eye Icon
The Rising Popularity of digital earning opportunities in the UK
Finance
28/02/2020The Rising Popularity of digital earning opportunities in the UK

Online Trading Platforms in the UK More and more people are taking advantage of digital earning opportunities. Powerful platforms allow you to buy and sell currencies in the biggest financial market in the world. Efficient software makes trading online possibl

Read Full PostRead - Eye Icon
4 Basics of Boosting Employee Morale
Leadership
15/11/20224 Basics of Boosting Employee Morale

Behind any organization and company's success is a team of happy, healthy, and satisfied employees. Any business with high employee morale tends to enjoy a healthy work culture and well-engaged employees and won't have any problem sourcing or attracting the be

Read Full PostRead - Eye Icon
Making Language Simple
News
03/08/2022Making Language Simple

Winning Most Outstanding Language Coaching & Training Firm – 2022 is only one of Efficient Language Coaching’s many achievements.

Read Full PostRead - Eye Icon
Win Win Win
Strategy
31/08/2016Win Win Win

As South Africa’s largest privately-owned insurance group, the Hollard Insurance Group includes the Hollard Insurance Company, Hollard Life Assurance Company and Hollard Investment Managers.

Read Full PostRead - Eye Icon
How Much Are the UK’s Natural Resources Worth?
Finance
23/03/2015How Much Are the UK’s Natural Resources Worth?

The value of the UK's lakes, reservoirs, marshes, bogs, canals and rivers has risen by more than a quarter in five years according to the first ever analysis of freshwater ecosystems from the Office for National Statistics (ONS).

Read Full PostRead - Eye Icon
5 Features of Insurance CRM to Boost Sales
News
17/02/20255 Features of Insurance CRM to Boost Sales

The number of sales generated by an insurance company directly affects its bottom line, which is why its sales department needs to operate efficiently.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow