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

  • New soil compactor launches from key manufacturers
    May 30, 2013
    Major manufacturers continue to develop new soil compactor models - Mike Woof reports. Innovations in machine design are being seen in the soil compaction sector from a number of major firms. As in other equipment sectors, new engine emissions legislation has played a huge role in driving the latest design changes. Europe, the US and Japan are rolling in the new Tier 4 Final/Stage IV legislation on noise and exhaust emissions which will be phased in across power output classes from the start of January 2014
    Read More
  • LiuGong scoops key Global Brand award
    July 6, 2012
    LiuGong Machinery Corporation was given China’s Best Brand Award for Acquisition Efficiency at the 2012 Global Brand Summit. The construction machine manufacturing giant is said to have achieved outstanding results in brand building through implementing a modern and unified brand strategy. After 2008, LiuGong began cooperating with international branding and public relations companies, which is said to have greatly enhanced its brand image. The professional and effective brand promotion is said by LiuGong
    Read More
  • More reach and less weight for Socage’s 75TJJ
    April 27, 2018
    Italian manufacturer Socage has modified its 75TJJ aerial platform so that the basket has a greater range of movement. Whereas previously all four stabilising legs were set perpendicular to the body of the vehicle, the front stabilisers now pivot so that they can be placed at an angle, if required. “You can change the position, depending on where you are working and it also increases the reach of the boom towards the front of the machine,” explains Socage marketing manager Giulia Bigini. Socage has also ma
    Read More
  • Compaction's competitive competitors
    July 31, 2012
    New technologies and new partnerships will heighten the rivalry in the compaction sector, Mike Woof reports The competitive compaction equipment market is providing customers with a broad and growing array of innovative technologies and solutions. At the same time, many firms are looking to increase market share through reorganisation of their operations and developing new international partnerships. This sector of the equipment market is certainly now more competitive, with major brands like Bomag, Caterpi
    Read More

Highlighted Content