The Robbins Company has been acquired by Northern Heavy Industries Group
August 2016 — US-based tunnel boring machine (TBM) specialist The Robbins Company has joined forces with Chinese heavy machinery manufacturer Northern Heavy Industries Group. Co., Ltd. (NHI).
Headquartered in Solon, Ohio, The Robbins Company is the world’s foremost developer and manufacturer of large diameter hard-rock tunnel boring machines (TBMs). The company also designs and manufactures continuously extending conveyors for use behind TBMs. Robbins sells its TBMs worldwide for large highway, railroad, hydroelectric and utility tunnels. The channel connecting England and France was excavated using Robbins’ TBMs.
NHI, headquartered in Shenyang, China, is a wholly state-owned company established through the combination of Shenyang Heavy Machinery Group Co., Ltd. and Shenyang Mining Machinery Group Co., Ltd. In 2007, NHI acquired NFM Technologies, a French tunnel boring machine (TBM) manufacturer, becoming an international enterprise. In 2009, NHI became one of the top 500 Chinese companies, ranking among the top three in the Chinese heavy machinery industry. NHI manufactures approximately 7,000 products for power production, building materials, metallurgy, mining, ports, environmental protection, forging, fracturing equipment, coal machinery, transmission machinery and tunneling. NHI has complete facilities for design, test, inspection and measurement, R&D and manufacturing operations.
Our role in the transaction
Oaklins’ Chinese and German teams assisted with strategic support and cross-border expertise throughout the project. This deal is another example of the seamless cooperation between Oaklins’ member firms, demonstrating the organization’s added value through its global execution capabilities, industry expertise and contacts.
Talk to the deal team
Related deals
Gramo has completed a mandatory public takeover bid for the shares of Deceuninck
Gramo BV has completed a mandatory public takeover bid for the shares of Deceuninck NV. The bid was launched after Gramo’s conversion of warrants increased its participation in Deceuninck above the 30% voting rights threshold, thereby triggering a mandatory takeover bid under Belgian takeover legislation. The transaction further strengthens the stability of Deceuninck’s shareholder base and supports the company’s long-term strategy focused on innovation, sustainability and operational excellence.
Learn moreGVS has completed a voluntary partial tender offer for its own shares
GVS S.p.A. has completed a voluntary partial public tender offer for 12.3% of its own share capital.
Learn moreSECAL has been acquired by VINCI Energies
SECAL has been acquired by VINCI Energies to strengthen its lifting services offering and expand its capabilities across strategic industrial markets. This acquisition also provides SECAL with access to new markets and growth opportunities, particularly in the environment, aerospace and rail sectors.
Learn more