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

  • Swarco acquires parking business from McCain
    May 13, 2013
    Swarco Traffic Americas has acquired the parking business unit from McCain for an undisclosed sum. This business uses LED signs, single space indicators and software to provide real-time information to motorists and parking operators. The purchase of McCain’s parking guidance system will allow Swarco Traffic Americas to broaden its product offering in the US. Swarco is already a major player in Europe and this deal strengthens its international position. The move boosts Swarco’s range of technology as McCai
  • 5% off for customers at JCB’s silver anniversary second-hand machinery auction
    February 18, 2014
    JCB is celebrating the silver anniversary of famous second-hand machinery auction - by offering a birthday 5% discount bonus to bidders at the next sale. The company is giving the discount for every lot that goes under the hammer at the event on Tuesday 8 April 2014 at JCB’s World Headquarters in Staffordshire, central England. And unlike many auctions of its kind, the JCB Great Auction Sale also has no buyer’s premium – saving up to a further 10% for customers. Auction organiser Phil Pepper said, “Sin
  • More making the grade
    March 11, 2014
    The grader market may be comparatively small but it is still fiercely fought and while Caterpillar holds a strong market share worldwide, other firms are also increasing their presence in the sector. John Deere hopes to capitalise on its share by installing the new G-series graders with the firm’s PowerTech, Tier 4 Final compliant engines. The engine update has also allowed engineers to install a number of other upgrades. The G-Series still includes 12 models, with power ranging from 164-214kW and six o
  • Salt deal ready for winter
    May 30, 2012
    PEACOCK SALT has secured a long-term agreement with Rio Tinto's Australian subsidiary Dampier Salt (DSL) to supply solar salt for the UK market.The agreement with the world’s largest salt exporter will see Ayr, Scotland-based Peacock importing in the region of 500,000tonnes of salt/year. Peacock says it currently controls 15% of the UK’s road salt market, supplying to a range of public and private sector clients. Director Angus Craig said the deal with Australia and UK-based Rio Tinto will secure the compan