China Crane Investment Holdings

Activity by year

2023202420252026

Acquisition

Nov 8, 2023ACQUISITIONChina$43.0M
Cargotec to acquire 49% stake in China Crane joint venture
Cargotec will acquire Carlyle Group's 49% stake in China Crane Investment Holdings and invest around EUR 30 million for a 49% stake in a joint venture with Jiangsu Rainbow Heavy Industries (RHI).
Carlyle Group partner Cargotec acquirer Jiangsu Rainbow Heavy Industries partner China Crane Investment Holdings target #Industrial Machinery #Material Handling avcj.com
Oct 13, 2023ACQUISITIONChina$85.0M
Cargotec and RHI establish joint venture in China
Cargotec announced a joint venture with Jiangsu Rainbow Heavy Industries (RHI) to produce cranes in China, with a €30m equity investment for a 49% stake, and a €50m investment for a 49% stake in RHI's holding company.
Carlyle Group investor Cargotec acquirer Jiangsu Rainbow Heavy Industries partner China Crane Investment Holdings target #Material Handling wowgilden.net

Acquired by

Loading…