Skip to main content

Italian-Chinese deal between Magni and Zehjiang Dingli Machinery

A new business deal has been struck between Italian manufacturer Magni Telescopic Handlers and Chinese company Zehjiang Dingli Machinery. The agreement between the two companies includes a purchase in stock as well as the establishment of a new R&D facility for Dingli in Europe. Under the terms of the deal, Zhejinag Dingli will sell the full range of Magni machines through its distribution network in China.
February 11, 2016 Read time: 1 min
A new business deal has been struck between Italian manufacturer 7308 Magni Telescopic Handlers and Chinese company Zehjiang Dingli Machinery. The agreement between the two companies includes a purchase in stock as well as the establishment of a new R&D facility for Dingli in Europe. Under the terms of the deal, Zhejinag Dingli will sell the full range of Magni machines through its distribution network in China.

For more information on companies in this article

Related Content

  • Volvo lines up its SDLG brand for greater global export sales
    June 8, 2015
    No sooner had senior managers told a roomful of journalists that corporate restructuring is on track, news followed that Volvo Group’s chief executive had been replaced Olof Persson fell from his perch following pressure from shareholders' dissatisfaction over the group’s weak financial performance in recent years. Volvo group plans to appoint Scania’s head Martin Lundstedt to the role staring in October. Until then, Volvo Group’s chief financial officer Jan Gurander will be standing in. Lundstedt and G
  • Italian construction machine sales buoyant
    June 16, 2022
    Italian construction machine sales are looking buoyant.
  • LiuGong chairman Zeng Guang’an stresses importance of European market
    January 6, 2017
    LiuGong chairman Zeng Guang’an has stressed the importance of the European market to the long-term health of the global construction equipment industry. “Europe is both an opportunity and challenge to LiuGong,” said Guang’an. “LiuGong has changed quickly in Europe due to meet technology needs.
  • LiuGong chairman Zeng Guang’an stresses importance of European market
    April 20, 2015
    LiuGong chairman Zeng Guang’an has stressed the importance of the European market to the long-term health of the global construction equipment industry. “Europe is both an opportunity and challenge to LiuGong,” said Guang’an. “LiuGong has changed quickly in Europe due to meet technology needs.