Dingli to fully acquire MEC Aerial Work Platforms

Dingli will increase its stake in MEC from 25% to 49.8%, then buy the remaining shares to take full ownership. The deal will enable MEC to expand its US facilities.

“Dingli is set to fully acquire US-based MEC Aerial Work Platforms, in a deal that will initially see it extend the 25% share it currently has in the company to nearly 50%.”accessbriefing.com

• 1 source
• accessbriefing.comDingli to fully acquire MEC - Access BriefingEuan YoudaleNov 2, 2023

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