Sumitomo Heavy Industries, Ltd. (SHI), a global leader in diverse industries, has announced the launch of Sumitomo Heavy Industries (Europe) B.V., a new regional company and headquarters in Amstelveen, Netherlands.

This strategic move reinforces SHI's commitment to Europe, a key market for the company with around 60 businesses managed and operating across all four SHI segments: Mechatronics, Industrial Machinery, Logistics and Construction, and Energy and Lifeline.

"Europe is a critical region for SHI, and this establishment reinforces our dedication to serving our European customers effectively and driving growth across the continent," said Shaun Dean, Senior Vice President of SHI and Managing Director of Sumitomo Heavy Industries (Europe) B.V.

"SHI Europe BV will unlock synergies across sales, service, and infrastructure, fostering enhanced collaboration and governance for European success amongst our businesses. It will be a catalyst for innovation and growth, ensuring the Group's continued success in this dynamic marketplace."

The new company aims to strengthen growth by optimising operational excellence and implementing strategic initiatives between European businesses; expand its market reach by driving SHI's market impact within and beyond Europe; champion sustainability by supporting the ever-increasing European environmental initiatives and regulations within the Group; and develop diverse talent by fostering talent mobility and development.