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

  • LiuGong displays its battery-electric advantage
    April 8, 2024
    New machines include 922FE and 9027FE excavators and the new 820TE and 856HE wheeled loaders.
  • Looking around the world with bitumen technology
    March 4, 2015
    Russia needs polymer-modified bitumen; the UK is embracing US-style pavement preservation technology and gearing up to import more bitumen; and Italy prepares to export innovative modifying technology; plus a look at the market in Asia Pacific and the Middle East – Kristina Smith reports. The Total Group has announced two recent deals which underline the changing bitumen market around the world. In Moscow, it is constructing a new type of polymer-modified bitumen (PMB) plant in joint venture with Gazprom Ne
  • Plenty of Energya to deliver job site sustainability
    July 10, 2023
    CIFA has a rich innovation history and a bright future, demonstrated by the concrete machinery specialist's strong presence at the 31st edition of SaMoTer in Verona (3-7 May 2023). Guy Woodford spoke to Marco Polastri, CIFA's sales, aftersales and marketing director, at the well-attended exhibition to hear more about the Italian company's present and future.
  • KATO and IMER renaming
    March 21, 2017
    The partnership between Japanese construction machinery firm Kato Works and IHI Corporation has now further developed. IHI Corporation transferred 100% of its stock in IHI Construction Machinery to Kato Works. Meanwhile the Italian-based company IHIMER is now renamed as Kato Heavy Industries Construction Machinery, or Kato Hicom. Following the stock transfers and agreements of the respective boards, the firm is now called KATO IMER.