Business A.M
No Result
View All Result
Saturday, March 7, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Maritime

Liebherr sees growth in Nigeria, after €50m port equipment sales in 2019

by Admin
July 29, 2025
in Maritime, Transport Business

By Samson Echenim

 

 

Original equipment manufacturer (OEM) Liebherr Group plans to raise its market size in Nigeria this year after delivering a total of nine giant cranes for shipping and ports operations and other equipment that hit a total value of €50 million in the country in 2019.

Norman Herzberg, sales manager for Africa, Liebherr Group told business a.m. in Lagos that the company which has now built a strong footage in Nigeria has warehouses in Abuja and Lagos from where it services its Nigerian clientele and now working to raise sales for the new year.

Herzberg spoke to business a.m at the Ports & Cargo Terminal in Tin Can Port, Lagos shortly after unveiling five 48-tyre giant cranes at the terminal. He said the Nigerian clients really appreicate the company’s products and that Liebherr had decided to serve the clients from within instead of far away Europe offices.

He said, “We have a strong footage already in Nigeria, in Lagos and in Abuja. From what we see from local clients that really appreciate our local presence here is that having a warehouse and our facilities and others here is helping to raise sales. Demands of our clients indicate that we should not be served from Europe which is far away but that we have enough to serve the clients locally. In Nigeria, this year (2019), we delivered nine cranes in total. So, we have been very successful in Nigeria, but we can do lot more. Our total sales was about something between €40 million and €50 million.”

Speaking during the unveiling of five cranes delivered to Ports & Cargo, Herzberg said the newly-acquired mobile shore cranes LHM 500 were the latest technologies with wider reach into the vessels and could discharge faster effectively and efficiently. He added that his company was delighted to be the partner in the supply of some of the equipment.

John Jenkins, Ports & Cargo’s managing director had said the total cost of the company’s equipment bought from Liebherr hit €40 million.

The Liebherr Group is a multinational equipment manufacturer based in Switzerland with its main production facilities and origins in Germany. It consists of over 130 companies organised into 11 divisions: earthmoving, mining, mobile cranes, tower cranes, concrete technology, maritime cranes, aerospace and transportation systems, machine tools and automation systems, domestic appliances, and components.

Starting by building affordable tower cranes, Liebherr expanded into making aircraft parts – it is a significant supplier to European Airbus airplane manufacturer – and commercial chiller displays and freezers, as well as domestic refrigerators. The group also produces some of the world’s biggest mining and digging machinery, including loaders, excavators and extreme-size dump trucks. Over the years, the family business has grown into a group of varied companies and has locations in many countries, including Germany, Australia, Britain, Ireland, Turkey and the United States.

Admin
Admin
Previous Post

Ecobank to disburse N70b agric loan, holds agribusiness, food summit in February

Next Post

Nigeria unveils $732m broadband project to boost economy

Next Post

Nigeria unveils $732m broadband project to boost economy

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

March 7, 2026
Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026
inDrive retains top download ranking amid expansion into African mobility markets

inDrive rolls out Ramadan Shukran driver appreciation campaign in Abuja

March 6, 2026
Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Elumelu leads corporate mourning after UBA staff die in Afriland Towers fire

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

Security experts seek Tinubu’s probe into network behind seized Skipper oil tanker 

March 7, 2026
Global food prices higher in July on stronger meat, vegetable oil costs

Global food prices rise for first time in five months on cereal, oil gains

March 6, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M