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

  • Dozers and graders provide finishing cut
    November 6, 2012
    Established players face increasing competition in the market for bulldozers and graders - Mike Woof reports The world’s largest manufacturer of construction equipment, Caterpillar is a company with a strong position worldwide and this has all grown from its track type tractor range. Caterpillar has long dominated the bulldozer market, as well as being involved in the grader segment since the inter-war period. The firm’s history ties it directly to the development of the crawler track with Ben Holt’s track
  • SANY occupies a strong position in China as well as worldwide
    January 6, 2017
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
  • SANY occupies a strong position in China as well as worldwide
    November 12, 2014
    SANY president Wenbo Xiang is confident for the firm’s future as a major international player - Mike Woof reports One of China’s biggest and most powerful companies, the SANY Group is looking to further expansion.
  • Volvo lines up its SDLG brand for greater global export sales
    January 6, 2017
    Volvo’s Chinese manufacturing subsidiary SDLG is making inroads into the export market and could be destined to play a much more important role in the Swedish group’s global strategy. “As we grow our export strategy there is an opportunity for SDLG to become an increasingly larger piece of our total revenue,” said Martin Weissburg, president of Volvo Construction Equipment.