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

  • Strong attendance points to a successful bauma China show
    December 17, 2014
    Even heavy rain showers on the first day of the bauma China exhibition in Shanghai did not dissuade the crowds packing the outside exhibition areas - Mike Woof writes Those firms exhibiting at bauma China 2014 in Shanghai benefited from a strong show that attracted a record attendance of 191,000, an increase of 6% over the 2012 event. A wide array of new equipment was on show from the 3,104 firms exhibiting, an increase of 14% from 2012. There was a strong focus on technology and new engines required for
    Read More
  • Dynapac’s new future within the Fayat Group
    March 8, 2018
    Dynapac is now part of the Fayat Group and is a new sibling for fellow road machinery firm BOMAG - Mike Woof writes. The purchase of Dynapac from its previous owner, Atlas Copco, by the Fayat Group did generate some comment in the construction machinery sector. Dynapac, a long-standing player in the road machinery segment, is a rival to a firm that is already a key component in the Fayat Group, BOMAG. Both BOMAG and Dynapac make ranges of soil compactors, asphalt compactors, asphalt pavers and milling m
    Read More
  • Contracts are about to be signed for the Fehmarnbelt Fixed Link
    March 13, 2015
    Nearly eight years after Denmark and Germany agreed to construct a major undersea road and rail tunnel, the first contracts are about to be signed. David Arminas reports. Construction is due to start later this year on one of Europe’s most ambitious, as well as the world’s longest, road and rail tunnels, the 17.6km Fehmarnbelt Fixed Link between Germany and Denmark. Fehmarnbelt is expected to cost around US$7.5 billion and be five times the length of the Øresund tunnel between the Danish capital Copenhagen
    Read More
  • Contracts are about to be signed for the Fehmarnbelt Fixed Link
    March 13, 2015
    Nearly eight years after Denmark and Germany agreed to construct a major undersea road and rail tunnel, the first contracts are about to be signed. David Arminas reports. Construction is due to start later this year on one of Europe’s most ambitious, as well as the world’s longest, road and rail tunnels, the 17.6km Fehmarnbelt Fixed Link between Germany and Denmark. Fehmarnbelt is expected to cost around US$7.5 billion and be five times the length of the Øresund tunnel between the Danish capital Copenhagen
    Read More

Highlighted Content