LiuGong buys into Jintai
11 December 2017
Guangxi Liugong Machinery Co., Ltd (LiuGong) has announced a 546 million YEN (US$82 million) acquisition of 51% of shares in Shanghai Jintai Engineering Machinery Co., Ltd. (Jintai) which was formerly held by Guangxi Liugong Group Corp.
The deal can be traced back…