# 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.

- Type: Acquisition
- Announced: 2023-11-02
- Where: United States
- Status: announced
- Products: aerial work platforms, scissor lifts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Dingli](https://endata.com/companies/60728.md) (acquirer)
- [MEC Aerial Work Platforms](https://endata.com/companies/73469.md) (target)

## Sources

- [accessbriefing.com](https://www.accessbriefing.com/news/dingli-to-fully-acquire-mec/8032680.article), 2023-11-02: "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%."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.