LiuGong acquires 51% stake in Shanghai Jintai Engineering Machinery for $85.24M

LiuGong Machinery Corp. has announced the acquisition of 51% shares in Shanghai Jintai Engineering Machinery Co., Ltd. for 546 million RMB ($85.24 million), adding piling machines to its product portfolio.

“The acquisition allows LiuGong to add piling machines to its product portfolio.”oemoffhighway.com

• 1 source
• oemoffhighway.comLiuGong Acquiring Shares of Piling Foundation Machinery Business | OEM Off-HighwayDec 12, 2017

Summarized from public sources; check the original articles before acting on it.