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

  • Sany Road Machinery is keen to boost exports to developing nations
    January 6, 2017
    Sany Road Machinery says it is looking to increase exports of its soil compactors, milling machines, asphalt pavers and asphalt compactors. The company has had sales success with exports in certain key territories, most particularly Latin America, Africa and South Asia. Indonesia has been a particularly strong market for the company and Sany Road Machinery wants to capitalise on the strong demand for equipment in the country as Indonesia pushes ahead with its major programme of expansion for its tolled high
    Read More
  • Sany Road Machinery is keen to boost exports to developing nations
    November 29, 2012
    Sany Road Machinery says it is looking to increase exports of its soil compactors, milling machines, asphalt pavers and asphalt compactors. The company has had sales success with exports in certain key territories, most particularly Latin America, Africa and South Asia. Indonesia has been a particularly strong market for the company and Sany Road Machinery wants to capitalise on the strong demand for equipment in the country as Indonesia pushes ahead with its major programme of expansion for its tolled high
    Read More
  • China's increased aggregates production
    May 8, 2012
    A new range of equipment from SHANBAO has helped to increase limestone production to meet Henan Province's aggregates demand. SHANBAO has supplied a full range of equipment to two companies in a growth region of China.The Chinese-based manufacturer of stationary crushing and screening equipment supplied the equipment to Yongsheng Aggregates and Yongye Trading. The crushing, screening and feeding equipment is being used to process limestone that supplies 10% of the aggregate requirements in the Henan region'
    Read More
  • CNH Global alters alliance with Kobelco Construction Machinery
    January 2, 2013
    CNH Global says it’s entering the ‘next phase’ of agreements with Kobelco Construction Machinery, following an ongoing strategic review of its construction equipment business. Under the new, non-exclusive licensing and supply agreements, which took effect on January 1, 2013, CNH and Kobelco Construction Machinery are unwinding their joint ownership and equity participations in all the companies formed in connection with their previous alliance and eliminating any geographical exclusivity rights associated w
    Read More

Highlighted Content