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

  • Swarco and SRL team up in a deal for VMS units
    July 3, 2019
    UK-based SRL Traffic Systems has purchased 100 mobile variable message signs from Swarco under an agreement to boost the fleet to 500 rental units. The value of the deal at around US$2.9 million is a significant development for the UK market, said Swarco. SRL is also a manufacturer of portable and temporary traffic lights. The solar-powered signs are equipped with energy efficient LEDs capable of displaying full-colour text and images with no restrictions. SRL will be managing the signs via Swarco’s in
    Read More
  • Booming BICES 2015 to attract more visitors
    September 10, 2015
    The 13th Beijing International Construction Machinery Exhibition & Seminar (BICES) will be the largest exhibition for construction machinery in Asia during 2015. This major event is being held from September 22nd to 25th, 2015 at the New Beijing International Exhibition Centre (NBIEC) for the first time. This new venue is the most advanced exhibition center in Beijing and the event has switched to the site in response to demands from both exhibitors and visitors. The switch to the NBIEC marks another milest
    Read More
  • Lintec & Linnhoff’s new plans
    December 1, 2020
    Lintec & Linnhoff is unveiling its new market expansion plans after a successful business transformation
    Read More
  • Ammann and Volvo CE strike asphalt paver deal
    December 14, 2023
    Ammann and Volvo CE are striking an asphalt paver deal.
    Read More

Highlighted Content