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

  • Shantui has major plans for the European market
    January 6, 2017
    Chinese firm Shantui sees Europe and the US as key markets where it can develop its sales presence. Vice president of Shandong Shantui Construction is Zhu Zhi and he said, “We need to upgrade our engines and develop new machines for this market.” As part of its expansion into Europe, the company is also looking to further develop its dealer network and service support. At present the hydrostatic SD10YE and SD16-3 dozers are Shantui’s key offerings in Europe. But Zhu explained, “At the beginning of next yea
    Read More
  • Shantui has major plans for the European market
    April 22, 2015
    Chinese firm Shantui sees Europe and the US as key markets where it can develop its sales presence. Vice president of Shandong Shantui Construction is Zhu Zhi and he said, “We need to upgrade our engines and develop new machines for this market.” As part of its expansion into Europe, the company is also looking to further develop its dealer network and service support. At present the hydrostatic SD10YE and SD16-3 dozers are Shantui’s key offerings in Europe. But Zhu explained, “At the beginning of next yea
    Read More
  • Lacroix Group buys DSTA and SOGEXI
    September 16, 2015
    French technology group Lacroix has recently made two strategic acquisitions. The acquisition of Spanish company DSTA gives Lacroix added presence in the variable message signs, traffic signals and public transport information panels sector. SOGEXI, a French supplier of junction and protection devices for lighting and remote management solutions for street lighting maintenance, is also now part of the Lacroix Group. The purchase expands Lacroix’s business in the traffic management and public transp
    Read More
  • BIA announces new CEO & strengthens management team with new VP sales & marketing
    May 7, 2024
    BIA Group, a major player in distributing equipment and services for the mining and quarrying, construction, transport and energy supply sectors, has unveiled its new CEO.
    Read More

Highlighted Content