129773822080156250_35Xu Gong machinery management people on March 27 to the business recognizes, its parent company xugong group being proposals to Germany schwing concrete machinery manufacturer, but not yet reveal more details. Previously, there was discussion on this item expressed by the foreign media quoted people familiar with the possibility of a potential deal
tera power leveling, but both sides knew little about this, rumors are not positive response. HAShares a senior said on the same day, the company is now actively seeking overseas acquisitions, but has not disclosed details of the acquisition. Xcmg cranes and road machinery is good at, in the big market share in excess of 50%, excavators and concrete machinery is always the xugong's weaknesses. In early 2008
tera power leveling, zoomlion, it spent $ 1.6 billion in acquisitions whenWorld's third-largest concrete machinery manufacturer when Italy CIFA60% per cent. On January 21
tera gold, 31 workers were also joining hands to CITIC Fund, bought the first brand of concrete machinery in the worldForming a duopoly in the area.
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