Wacker Neuson SE: Close cooperation between Wacker Neuson and Randon for Backhoe Loaders in Latin America

(Munich/Caxias do Sul, March 2017) Wacker Neuson Group and Randon Group have entered into a cooperation for the manufacture of backhoe loaders in Randon's factory located in Caxias do Sul, Brazil. Wacker Neuson will realize the commercialization and sales via its dealer network, focusing on the region of Latin America.   The Brazilian Randon Group produces one of the largest portfolios in the world in the segment of commercial vehicles focused on road, railroad and off-road transports. Wacker Neuson Group develops, manufactures and distributes light and compact equipment worldwide and thanks to its comprehensive portfolio is a global market leader. Wacker Neuson offers innovative products including excavators, wheel loaders, tele wheel loaders, dumpers, vibratory plates, rammers and generators.   Wacker Neuson and Randon now have entered into a cooperation for the manufacture of backhoe loaders. These backhoe loaders will be manufactured in Randon's factory located in Caxias do Sul, Brazil and sold through Wacker Neuson's broad dealer network in Latin America. Wacker Neuson is introducing its new backhoe loaders BL744 and BL742 (both in the six to seven tons operating weight class) which have been specifically developed to fit the needs of the Latin American market. Both models offer high performance, efficiency and great maneuverability allowing first class work performance in difficult terrain. Additionally, the machines have a high lifting capacity and breakout force.   "Thanks to our solid market position and strategic focus, we have a great starting point for further sustainable growth in the region especially with compact equipment", explains Cem Peksaglam, CEO of Wacker Neuson SE. "We provide our customers with reliable and efficient equipment, which allows them to maximize their benefit. The new backhoe loaders are a great addition to our portfolio in the region, fit local requirements, and will strengthen our market position in the region."   "Randon is very proud to share this opportunity with Wacker Neuson in Latin America. We have here two companies with solid principles and fundamentals to provide a better solution to the market and certainly in this cooperation will be born other opportunities", said David Randon, CEO of Randon Group and Alexandre Gazzi, COO of Randon OEM Division.     About Randon Group Randon Group began its operations in 1949 and currently produces one of the largest portfolios in the world, in the segment of commercial vehicles focused on road, railroad and off-road transports. Today, Randon sets a global benchmark for road material transport, has strategic world-wide class partners and is among the largest private companies in Brazil. It is the leading company in its segments, exports to continents and is part of Level 1 Corporate Governance of BOVESPA (Sao Paolo Stock Exchange). www.empresasrandon.com.br   About Wacker Neuson The Wacker Neuson Group is an international family of companies and a leading manufacturer of light and compact equipment with over 50 affiliates and 140 sales and service stations. The Group offers its customers a broad portfolio of products, a wide range of services and an efficient spare parts service. The product brands Wacker Neuson, Kramer and Weidemann belong to the Wacker Neuson Group. Wacker Neuson is the partner of choice among professional users in construction, gardening, landscaping and agriculture, as well as among municipal bodies and companies in industries such as recycling, energy and rail transport. In 2016, the Group achieved revenue of EUR 1.36 billion, employing around 4,800 people worldwide. www.wackerneusongroup.com   Your contact at Wacker Neuson: Wacker Neuson SE Katrin Yvonne Neuffer Head of Corporate Communication/ Investor Relations Preussenstrasse 41 80809 Munich Tel. +49 - (0)89-354 02-173 katrin.neuffer@wackerneuson.com www.wackerneusongroup.com