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Zoomlion CIFA Europe, a new company formed by Zoomlion Heavy Industry, announced a new distribution logistics hub of over 1,200 m2 for the European market, based in Italy, and will present new products at Bauma 2019.
Infore Environment (000967.SZ) announced it will acquire 100% of Zoomlion Environmental (Zhonghuanjing) for 15.25 billion yuan via share issuance. The sellers include Ningbo Infore, Zoomlion Heavy Industry, and others.
Zoomlion Heavy Industry signed an investment framework agreement to build an environmental industry intelligent manufacturing plant in Changsha high-tech zone, with an investment of 3 billion yuan.
| Site | Largest | Latest |
|---|---|---|
| Italy, Italy | 2019-02-01 | |
| Changsha high-tech zone, China | $474.0M | 2018-01-24 |