LYROAD Comstruction Machinery Co., Ltd.(A Subsidiary of ACE Group)
Tel: +86-371-63396332
WhatsApp: +86 17737000591
E-mail: info@lyroad.com
Address: Wanli Industrial Park,
Xuchang, Henan, China
| Frequent International Strategies Overseas Mergers and Acquisitions |
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In the year 2012, China's construction machinery enterprises through overseas acquisitions tried to strengthen its development of endogenous forces, stepping forward international strategy. In January, Sany announced the successful acquisition of Germany Putzmeister. Liugong construction machinery company completed the successful acquisition of Poland, HSW construction machinery business units. In July, XCMG acquisition of German Schwing 52% shareholdings; December, Weichai and German KION Group completed investment transactions, Weichai total investment of 738 million euros to acquire a 25% stake KION and from Linde Material Handling Limited to acquire its 70% stake in the hydraulics business.
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