◂ Announcements

Dec 1, 2017ACQUISITIONUnited States

Zhejiang Dingli acquires 25% stake in CMEC for $20M

Zhejiang Dingli, a Chinese aerial work platform manufacturer, signed an agreement on December 1, 2017 to purchase a 25% equity stake in US-based CMEC for $20 million, to expand its presence in the US market.

Value

$20.0M

Status

Announced

Productsaerial work platforms

CompaniesZhejiang Dingli acquirer CMEC target

Sectors#Industrial Machinery

“浙江鼎力和美国CMEC 公司签署协议，以 2000 万美元购买CMEC公司25%股权。”gkzyjx.lmjx.net

1 source
gkzyjx.lmjx.net浙江鼎力投资CMEC公司深入战略布局美国市场-剪叉式高空作业平台--高空作业机械机械动态-高空作业机械网Dec 6, 2017

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

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