Dingli takes 20% share of Magni

Lindsey Anderson

11 February 2016

Chinese aerial work platform manufacturer Zhejiang Dingli Machinery Co. (Dingli) has spent €14.4 million to purchase a 20% share in Italian telehandler manufacturer Magni. Dingli has also been appointed as Magni's exclusive importor and distributor for all Magni products throughout China.

The two companies will also invest in a joint…

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