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.
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