Polish parts producing plant purchase for LiuGong

Chinese equipment firm LiuGong is adding to its portfolio with the planned acquisition of a transmissions operation in Poland. The ZZN Transmission Plant in Stalowa Wola lies next door to LiuGong’s existing facility that makes the Dressta range of bulldozers. Parts from the ZZN facility are used in many of the Dressta bulldozers and the acquisition is a strategic move that will strengthen LiuGong’s presence in Europe through the LiuGong Poland subsidiary, as well as its component manufacturing capabilities.
November 15, 2013 Read time: 2 mins
Chinese equipment firm 269 LiuGong is adding to its portfolio with the planned acquisition of a transmissions operation in Poland. The ZZN Transmission Plant in Stalowa Wola lies next door to LiuGong’s existing facility that makes the 3420 Dressta range of bulldozers. Parts from the ZZN facility are used in many of the Dressta bulldozers and the acquisition is a strategic move that will strengthen LiuGong’s presence in Europe through the LiuGong Poland subsidiary, as well as its component manufacturing capabilities.

A signing ceremony for the conditional acquisition agreement has already been held, which was attended by Wu Yindeng, president assistant, board director and deputy general manager of LiuGong Poland, signed the agreement with ZZN asset trustee Adam Jozef Pilicki.

The ZZN factory is adjacent to LiuGong Poland’s plant and has been supplying key parts such as axles and gears for the Dressat bulldozers, pipe-layers and loaders for many years.  ZZN is a major transmission parts supplier for many well-known international companies.
Engines, Components & Tyres

For more information on companies in this article

Related Content

  • Metso bolsters China presence through manganese steel foundry acquisition
    February 7, 2013
    Metso has increased its presence in China by acquiring a manganese steel foundry (JX) in Quzhou City, around 400km Southwest of Shanghai. "The acquisitions of JX and Shaorui Heavy Industries, and the joint venture with LiuGong Group Corporation announced last November, significantly strengthen our supply capabilities for mining and construction industries in China,” said Andrew Benko, president, mining and construction, Metso. “Metso now has a complete range of capital equipment and wear parts covering a wi
    Read More
  • Construction equipment market to grow - CEA report
    February 29, 2012
    The UK’s Construction Equipment Association attracted a large audience for its annual general meeting.
    Read More
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
    Read More
  • German Chinese partnership deal struck at senior level
    November 5, 2015
    Chinese premier Li Keqiang and German chancellor Merkel recently witnessed a strategic agreement between XCMG and SAP Software. The two political leaders were present when XCMG chairman Wang Min and SAP Software vice president and managing director of Greater China Li Qiang signed a strategic cooperation agreement. This formed a major part of the signing ceremony for Sino-German Economic & Trade Cooperation Projects held at Shangri-La Hotel in Hefei, capital of east China's Anhui Province.
    Read More

Highlighted Content