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Wolffkran Holding AG and Zamil Group Investment Company entered a joint venture agreement, with Zamil acquiring a 50% stake in Wolffkran for Equipment, and plans to establish a tower crane manufacturing facility in Saudi Arabia.
“This partnership paves the way for Wolffkran for Equipment to expand its operations by establishing a tower crane manufacturing facility in Saudi Arabia, marking the first-ever foundation for tower crane manufacturing in the Kingdom.”wolffkran.com
Summarized from public sources; check the original articles before acting on it.