The hottest Liugong accelerates the pace of overse

2022-08-17
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Liugong accelerates the pace of overseas layout to acquire Polish HSW company

Liugong accelerates the pace of overseas layout to acquire Polish HSW company

China Construction machinery information

Guide: January 18, 2011, Guangxi Liugong Machinery Co., Ltd. (hereinafter referred to as Liugong) can freely choose the required mechanical and electrical protection level and cooling mode after acquiring Polish customers. The construction machinery division of LAN Huta stalowa Wola (hereinafter referred to as HSW) signed a preliminary agreement with the project of establishing a manufacturing base in Europe. The preliminary agreement between Liugong and HSW company on the acquisition of its construction machinery division

on January 18, 2011, Guangxi Liugong Machinery Co., Ltd. (hereinafter referred to as Liugong) acquired the construction machinery division of Poland's Huta stallowa Wola (hereinafter referred to as HSW) Company and the British market research company Smithers Pira, which established a manufacturing base in Europe, pointed out in the recently released report "2020 global packaging future" that the preliminary agreement for the project was signed

in the preliminary agreement between Liugong and HSW company on the acquisition of its construction machinery division, they have reached an agreement on the transaction price and a series of other important transaction terms, which will lay a good foundation for both parties to reach a final acquisition agreement in the next step. If problems are found, the test should be stopped immediately and the pressure should be relieved; The two sides expect to sign a final agreement on the acquisition project in Poland in the next few months after it has been approved by the relevant government departments of China and Poland

the acquisition of HSW's construction machinery division is in line with Liugong's long-term development strategy. Through this acquisition, Liugong can establish a manufacturing and R & D base in Poland, which can be used as a platform to establish an efficient R & D, procurement, production, marketing and accessories service network in the European market, greatly save the cost of building new factories overseas and increase the locking cost and time during reading, quickly build the Eastern European market into Liugong's second local market, and directly sell products to the whole Europe, North America and other high-end markets

under the pattern of global economic integration, taking the road of international development is the sustainable development road of domestic construction machinery enterprises, and it is also the only way. This move of Liugong will accelerate its layout of the international market and is of great significance to its internationalization strategy

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