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.
Finance & Funding

For more information on companies in this article

Related Content

  • Eurasphalt & Eurobitume 2016 Congress calls for better communication
    August 5, 2016
    The bitumen industry needs to learn how to communicate with road owners, road users, and communities. This was one of the underlying themes to emerge from the Eurasphalt & Eurobitume 2016 Congress, held in the Czech capital Prague in June. Kristina Smith was there.
    Read More
  • Concrete paving developments boosting performance
    April 12, 2018
    Change is afoot at Miller Formless following its change of ownership, with investment in research and design a priority – Mike Woof writes Miller Formless is undergoing a process of change under its new ownership, with investment in the factory as well as in the product range. The recent tie-up between Guntert & Zimmerman and Miller Formless has brought additional global manufacturing capacity. Guntert & Zimmerman had established a manufacturing presence in India through an agreement with a local firm, a
    Read More
  • Volvo CE US$100 million Americas expansion
    March 22, 2013
    Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
    Read More
  • Chinese transport plan for Shenzhen
    January 25, 2022
    A huge Chinese transport development programme is planned for Shenzhen in China.
    Read More

Highlighted Content