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

  • Terex and Russian Machines establish joint-venture
    May 30, 2012
    A new joint-venture has been established between Russian Machines and Terex Roadbuilding. Under the terms of the deal, the partners will manufacture construction and roadbuilding equipment in Russia. The equipment being built, marketed and sold by the joint venture will include a number of Terex products as well as the entire range from Russian Machines. In addition, a number of products built by Terex will be marketed in Russia. This move follows an announcement of plans to form a joint venture in late 201
    Read More
  • The Wirtgen Group has bought a majority stake in Benninghoven
    August 12, 2014
    The Wirtgen Group has acquired a 70% stake in the asphalt plant manufacturer Benninghoven, located in Mülheim, Germany. Benninghoven is a successful manufacturer of asphalt plants with a strong reputation for its technology and product quality, as well as its customer support.
    Read More
  • Green hydrogen for JCB
    November 2, 2021
    A green hydrogen supply deal has been secured for JCB.
    Read More
  • Russia's GAZ Group and Terex agree joint venture
    February 13, 2012
    GAZ Group, part of Oleg Deripaska's Basic Element, and Terex Corporation have entered into an agreement to form a joint venture company to manufacture of construction and roadbuilding equipment in Russia.
    Read More

Highlighted Content