22 March 2019

Zoomlion acquires Germany’s M-TEC, report says

Zoomlion Heavy Industry Science & Technology Co. Ltd., one of China’s largest construction machinery makers, said on Wednesday that it has acquired German dry mortar producer M-TEC, Xinhua news agency reported. The purchase was made on December 20 in Germany, Zoomlion announced, without revealing more details, Xinhua said. Founded in 1978, Neuenburg-based M-TEC is a world-leading dry mortar producer. Its products are sold in 55 countries and regions around the world.

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