Nanjing XCMG Automotive Manufacturing

Activity by year

20252026

Acquisition

Apr 18, 2025ACQUISITIONChina$113.0M
XCMG Construction Machinery to acquire 51% stake in Xuzhou XCMG Heavy Vehicle for 821M yuan
XCMG Construction Machinery announced it will acquire 51% equity of Xuzhou XCMG Heavy Vehicle Co., Ltd. from Nanjing XCMG Automotive Manufacturing Co., Ltd. for 0.821 billion yuan. The heavy vehicle sector will become a controlled subsidiary of XCMG Construction Machinery.
XCMG Construction Machinery acquirer Xuzhou XCMG Heavy Vehicle target Nanjing XCMG Automotive Manufacturing partner #Mining Equipment news.futunn.com

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