Zoomlion signs agreement to boost global distribution and sales

Chinese construction equipment maker Zoomlion and Wallenius Wilhelmsen Logistics have signed what they call a “global strategic cooperation framework agreement” to create a new company. Zoomlion and Wallenius Wilhelmsen Logistics, abbreviated as WWL, will increase cooperation between the two companies in distribution network construction, PDI testing, pier construction and warehouse management. The aim is to increase the competitiveness of Zoomlion products globally, a joint statement said.
April 10, 2015 Read time: 1 min
Chinese construction equipment maker 1175 Zoomlion and Wallenius Wilhelmsen Logistics have signed what they call a “global strategic cooperation framework agreement” to create a new company.

Zoomlion and Wallenius Wilhelmsen Logistics, abbreviated as WWL, will increase cooperation between the two companies in distribution network construction, PDI testing, pier construction and warehouse management.

The aim is to increase the competitiveness of Zoomlion products globally, a joint statement said.

Zoomlion, set up in 1992, is a Chinese manufacturer of construction machinery and sanitation equipment, listed on the Shenzhen Stock Exchange. Its headquarters are in the Zoomlion Science Park in Changsha, Hunan.

Italian construction equipment maker Compagnia Italiana Forme Acciaio SpA (Cifa) and British construction equipment manufacturer Powermole are subsidiaries of Zoomlion.

Wallenius Wilhelmsen Logistics is a privately owned Norwegian and Swedish shipping company headquartered in Lysaker, Norway. It was established in 1999 by shipping companies Wallenius Lines and Wilh. Wilhelmsen.
Finance & Funding

For more information on companies in this article

Related Content

  • Global Traffic Technologies wins place on UK supplier list
    March 22, 2017
    In the UK, Global Traffic Technologies (GTT) has been awarded special supplier status for central and local government departments and agencies. GTT is the maker of Opticom multimode phase selector technology which provides priority green lights at intersections for approaching emergency vehicles and other official and public transportation vehicles. The Crown Commercial Service TMT2 framework agreement means that Opticom traffic pre-emption systems and products are among those that can be procured qu
    Read More
  • Robot dog agreement for Trimble and Boston Dynamics
    October 28, 2020
    A robot dog agreement has been struck by Trimble and Boston Dynamics.
    Read More
  • Engcon reports 13% sales increase
    July 14, 2020
    Tiltrotator and attachment manufacturer Engcon reports an increase in net sales of 13% for 2019, the tenth consecutive year that sales have increased.
    Read More
  • Volvo CE sees slide in Chinese sales but growth in developed markets
    July 18, 2014
    Volvo Construction Equipment has seen sales in China fall, while its performance in the developed markets of North America and Europe has improved. The company has seen sales drop 9% for its second quarter results as improvements in North America and Europe fail to compensate for weak demand from China. The 25% improvement in North America and 11% improvement in Europe, compared to the same period in the year before, has been a cause for optimism. Net sales in the second quarter fell 9% to US$2.144 billion
    Read More

Highlighted Content