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

  • LiuGong goes Dutch with new European HQ
    June 25, 2012
    LiuGong Machinery Corporation has officially opened its European headquarters in Almere, Netherlands. The near 4,000m² site is situated about 35km from Amsterdam and is said to have convenient access to European cities via air, sea and highway. The European headquarters will serve as the Chinese firm’s sales hub, technical support and spare parts distribution centre for existing and potential customers. “This new office will strengthen our presence as a top construction equipment manufacturer brand, and to
    Read More
  • New CEO plans global expansion for Pilosio
    April 15, 2016
    The new CEO of Pilosio, Johann Strunz, has some ambitious expansion plans for the euro45m-turnover company. The former managing director of Doka’s Austrian business plans to decentralise the Italian formwork and falsework specialist, with hubs in various regions in addition to its Italian headquarters. “We are moving from being a head-quartered company to a decentralised structure,” said Strunz. “We want to give power to the markets. They will decide on the pace and the headquarters will define the quali
    Read More
  • Korean bridge construction poses challenges
    February 23, 2012
    On South Korea's southern coast, an innovative highway sea crossing is providing many engineering challenges
    Read More
  • Korean bridge construction poses challenges
    April 5, 2012
    On South Korea's southern coast, an innovative highway sea crossing is providing many engineering challenges The new Busan-Geoje crosses from South Korea's second city to its biggest island and is slightly shorter than the 12km of the country's famous Incheon project. In addition the main cable stay bridge for the Busan-Geoje project has a 475m span rather than the 800m of the Incheon central span. However the 8.2km Busan-Geoje project faces perhaps greater technical challenges and also includes a second b
    Read More

Highlighted Content