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

  • Sany on acquisition trail
    May 2, 2012
    Chinese construction equipment firm Sany is buying Putzmeister, the German manufacturer of concrete pumps. The terms of the deal have not been revealed officially but the acquisition is said to be worth €360-500 million according to various reports.
  • Manufacturing and research in China
    April 24, 2013
    Cummins and LiuGong are increasing their partnership in China, while Dana is opening a new research and development facility in the country. The first engines built in the Chinese joint venture facility established by Cummins and LiuGong are now rolling off the production line. The factory, located in Liuzhou in Guangxi Province, is part of a 50:50 partnership between the two companies called Guangxi Cummins Engine Company. The facility is now making L9.3 engines to meet the demand of both LiuGong and other
  • JCB wins rental firm machine order worth over US$44mn
    May 13, 2013
    JCB has won an order for more than 800 machines from one of the UK’s leading rental firms - a deal worth more than US$44 million (£27mn). The lucrative A-Plant order for a huge fleet of micro, mini and midi excavators and 240 Loadall telescopic handlers is a big boost for JCB’s British factories, where all the machines will be made. Delivery of the new fleet to A-Plant’s extensive UK depot network begins this month through JCB dealer Greenshields JCB. The latest deal comes on the back of 550 machines order
  • Deutz and Liebherr strike engine supply agreement
    September 7, 2017
    Deutz and Liebherr have agreed a cooperation deal. This collaborative arrangement will provide Deutz the global distribution and service rights for Liebherr diesel engines in various applications and with power outputs from 200 - 620kW. Series production start-up is planned for 2019, in time for the introduction of the new EU Stage V emissions standard.