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

  • Kleemann rising to Chinese market challenge
    November 28, 2018
    Keen to maintain its status as the biggest-selling tracked mobile crushing equipment manufacturer in China, Kleemann, a Wirtgen Group company, has this week unveiled a trio of new models. The up to 650tonnes/hour MOBICAT MC 120 Z PRO mobile jaw crusher, the 470tonnes/hour capacity MOBICONE MCO 11 PRO mobile cone crusher, and the up to 500tonnes/hour MOBISCREEN MS 953 EVO classifying screen can be seen on the Wirtgen Group’s huge indoor stand. “The big challenge here is to sell not only these machines, but
    Read More
  • Egypt’s Government has signed key transport deals with Chinese companies
    May 1, 2013
    The Egyptian Government has signed four agreements with Chinese companies that are intended to develop and improve the economic area northwest of the Gulf of Suez. Under the terms of these agreements the Chinese companies will be investing US$500 million into the area with this sum being delivered in three stages. The Egyptian Government expects the move by these companies to attract an additional investment of $1 billion in the region. As part of the development for the area, Egypt's National Authority for
    Read More
  • Italian testing specialist CONTROLS is expands its business
    March 17, 2014
    Italian firm CONTROLS is expanding its operations with the acquisition of Australian firm IPC Global. The Australian firm offers advanced material testing technologies for asphalt, soil and unbound materials and this deal will both strengthen the international profile of CONTROLS by adding the Australian facilities but will also further develop its portfolio of solutions. IPC Global will continue to be run as an autonomous operation according to CONTROLS as this will allow the Australian company to capitali
    Read More
  • Over 2,800 exhibitors expected at bauma CHINA
    October 30, 2020
    The organiser of bauma CHINA 2020, which takes place from November 24 to 27 in Shanghai, says that over 2,800 exhibitors will participate in the leading Asian trade fair for the construction, quarrying and mining machinery industries.
    Read More

Highlighted Content