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

  • The Italian Asphaltica event will relocate to Verona
    November 23, 2012
    Italian asphalt and road association fights economic downturn with plans to relocate the Italian asphalt industry’s leading show, Asphaltica, to Verona. The Asphaltica show is to relocate from Padua to Verona, in Italy for the next event in 2014. Italian asphalt and road association SITEB signed an agreement with exhibition company VeronaFiere in the week leading up to this year’s show, held between 21 and 23 November. Details of the deal have yet to be worked out. SITEB’s agreement with PadovaFiere to hol
  • Chinese investment will help with upgrading ring road in Nepal’s capital
    January 7, 2013
    The Chinese government is upgrading Nepal's capital Kathmandu ring road to eight lanes and the work is due for completion in the next three years. The upgrading includes improving a 9km section of road from Kalanki-Satdobato-Koteshwor. China agreed to widen the 27km ring road in February 2011. The construction work is being carried to a design developed by the Chinese Consultant Third Railway Survey and Design Institute Group Corporation. An agreement was signed between the two countries in Kathmandu at the
  • Cummins sets new quarterly trading record in strong growth period
    November 6, 2023
    Cummins has set a new quarterly net cash from operating activities record of US$1.5bn, a huge rise on the $382mn in Q3 2022.
  • RUBBLE MASTER’s crushers expanding sales in China
    November 21, 2018
    RUBBLE MASTER continues to develop its sales presence in the Chinese market with its latest series of compact mobile crushers. The firm has been investing in boosting its operation in China and now has a local subsidiary. Based in Tianjin, the Chinese sales subsidiary Tianjin RUBBLE MASTER Technology has a team of five. These personnel will serve the Chinese RM customers on site together with the 10 established local sales partners. The team is already achieving sales success with the first mobile RM Comp