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

  • HCME's new parts depot
    February 17, 2012
    The new Hitachi Construction Machinery (Europe)/HCME European Parts Depot has been officially opened. At the Oosterhout facility, southern Netherlands, the guest of honour was Hitachi Construction Machinery president Michijiro Kikawa, who gave a speech to other guests at the ceremony, among them Mitsuhiro Tabei, president of HCME. He then presented representatives from the parts depot with a special Japanese maple tree, which was planted in front of the building.
    Read More
  • HCME's new parts depot
    February 17, 2012
    The new Hitachi Construction Machinery (Europe)/HCME European Parts Depot has been officially opened. At the Oosterhout facility, southern Netherlands, the guest of honour was Hitachi Construction Machinery president Michijiro Kikawa, who gave a speech to other guests at the ceremony, among them Mitsuhiro Tabei, president of HCME. He then presented representatives from the parts depot with a special Japanese maple tree, which was planted in front of the building. In his address, Mr Kikawa emphasised the imp
    Read More
  • Effective, efficient long reach excavators
    April 13, 2012
    Long reach excavators now dominate the demolition sector - Mike Woof reports The last 10-15 years have seen the way demolition work is carried out change dramatically. Safety issues have long been of concern in the demolition sector, with the industry having been criticised for not doing enough to protect its workforce. Demolition projects can be dangerous due to the very nature of the job, with old structures being knocked down and broken up on-site. There is a substantial risk to site workers from
    Read More
  • Effective, efficient long reach excavators
    February 15, 2012
    Long reach excavators now dominate the demolition sector - Mike Woof reports
    Read More

Highlighted Content