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

  • JCB LiveLink: 'wealth of information'
    February 27, 2012
    A new satellite monitoring system, JCB LiveLink, is being introduced on the full range of JCB machines. The advanced telematics system offers the ability for improved performance and accurate monitoring, and by plugging into the machine's own diagnostic system, JCB LiveLink provides a wealth of machine information, including hours worked, temperatures and pressures. One of the major benefits is the ability to better protect machines against theft.
  • The Fayat Group is growing its US operations
    March 9, 2017
    The Fayat Group is steadily developing its operations and its presence in the North America market. President Jean-Claude Fayat explained the firm’s position at CONEXPO-CON/AGG 2017. The high value of the US$ against the euro has been of benefit to the group, he said: “For sure it’s helping to improve our margins.”
  • First European sale of Kobelco’s SK210LC-10 Generation 10 excavator
    January 4, 2016
    A Dutch company is the first in Europe to take delivery of the latest specification excavator from Kobelco, the SK210LC-10 Generation 10. Kobelco Construction Machinery Europe, through its authorised dealer, Kemp Groep, delivered the machine to civil engineering and construction firm Kok Lexmond The new SK210LC-10 excavator is working in conjunction with an SK350LC-9 purchased by Kok Lexmond in July. The two acquisitions follow previous experience with Kobelco machinery before the establishment of Kobelco
  • Interviews round-up
    March 19, 2012
    Investment in infrastructure is a key priority for the US. With a three-part growth strategy, business improving worldwide and improvements in order books, the Terex Group is looking to increase net sales to US$8 billion by 2013. Ron DeFeo, Terex’s chief operating officer, said the company has been seeing increased order and quotation activity across nearly all of its product categories.