Raises the people focus on China's machinery manufacturing industry at the same time, the industry giants also invariably in planning international in Sany and Zoomlion slanging match. A few days ago, ZOOMLION announced that the company intends to buy 40.68% stake in the European concrete machinery giant CIFA company through the controlling stake in the company's 236000000 stake, thus achieving full control of CIFA, international into its important reason.
Announcements, 40.68% stake in the other shareholders include Mandarin fund holdings of 8.94% stake, Hony investment holding 17.84% of equity, Goldman Sachs held 12.77% stake, CIFA company management holds 1.13% equity. In 2008, Zoomlion joint investors Hony capital, Goldman Sachs, Mandarin fund completed the acquisition of 100% stake in CIFA of Italy, and the establishment of the Hong Kong CIFA company. Four years later, ZOOMLION to further promote the internationalization of the company's development strategy, strong and big company to do the main industry, the acquisition of the equity, in order to achieve the sole full control of CIFA.