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Hyster-Yale Materials Handling completed the acquisition of 75% of Zhejiang Maximal Forklift Co., Ltd. from KNSN Pipe & Pile Company Limited for $90 million. The company has been renamed Hyster-Yale Maximal Forklift (Zhejiang) Co., Ltd.
“This transaction is a strategic action that is expected to expand the Company's low-cost, global manufacturing capabilities.”maiscoisamenoscoisa.blogspot.com
Summarized from public sources; check the original articles before acting on it.