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

  • XCMG is further developing its overseas activities
    July 29, 2015
    XCMG is developing its overseas activities with a programme called 'One Belt, One Road'. Representatives from 18 countries recently travelled to XCMG’s headquarters in China to launch the firm’s new Overseas Service Activity. This is focusing particularly on service support for customers involved in the New Silk Road project. The launch event was followed by a seminar at XCMG, with officials discussing business opportunities deriving from the 'One Belt, One Road' strategy. This forms part of a drive by t
    Read More
  • Shantui diversifying from core dozer line
    October 14, 2013
    Chinese bulldozer firm Shantui is building on its core competency of bulldozers, broadening its range as well as its operations – Mike Woof writes Bulldozer specialist Shantui has a clear policy of broadening its product range, having grown from being a small producer with a limited model line-up to become a major global manufacturer. The company began its diversification process in 1999, buying a road machinery range and then following this up with a line of concrete equipment in 2008. This process cont
    Read More
  • New wearparts operation for thyssenkrupp
    January 10, 2018
    By integrating its forging operations in its components business area thyssenkrupp believes it has established one of the world’s biggest companies for this industry segment. The company has linked its operations at its sites in Europe, North and South America, India and China. The new business unit thyssenkrupp Forged Technologies has around 7,000 employees at 18 production sites and a broad distribution network in over 70 countries. The business unit has sales of over €1 billion and operates over 50
    Read More
  • Manufacturing and research in China
    April 24, 2013
    Cummins and LiuGong are increasing their partnership in China, while Dana is opening a new research and development facility in the country. The first engines built in the Chinese joint venture facility established by Cummins and LiuGong are now rolling off the production line. The factory, located in Liuzhou in Guangxi Province, is part of a 50:50 partnership between the two companies called Guangxi Cummins Engine Company. The facility is now making L9.3 engines to meet the demand of both LiuGong and other
    Read More

Highlighted Content