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LiuGong completes acquisition of Poland’s HSW S.A.

January 11, 2012

10th January 2012 – Liuzhou-based LiuGong Machinery Corp. (LiuGong), a Chinese quarrying and mining equipment manufacturer, has finalised its agreement to acquire Poland’s Huta Stalowa Wola (HSW S.A.) and its distribution subsidiary Dressta Co, Ltd. The target company, HSW S.A. is a respected producer of bulldozers and other crawler machines under the Dressta brand. It is one...
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China’s Shandong Heavy Industry Group – Weichai Group enters luxury yacht business

January 10, 2012
China’s Shandong Heavy Industry Group – Weichai Group enters luxury yacht business

It was announced today that Shandong Heavy Industry Group – Weichai Group (SHIG – Weichai Group) has signed an agreement with the major creditors of the world’s largest luxury yacht maker, the Italian company Ferretti Group (Ferretti). The deal is part of a debt...
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China SFECO Group to invest in Eritrean gold mining

January 6, 2012
China SFECO Group to invest in Eritrean gold mining

27th December 2011 – China Shanghai (Group) Corporation for Foreign Economic & Technological Cooperation (China SFECO), a wholly-owned subsidiary of Shanghai Construction Group Co., Ltd. has signed a conditional framework agreement with Chalice Gold Mines (Chalice)to purchase the company’s 60% stake in ZARA Mining...
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LDK Solar Co. invests in German Sunways AG

January 3, 2012

31st December 2011 – China’s LDK Solar Co., one of the world’s ten largest photovoltaic companies in terms of sales, has announced that it, through its wholly-owned German subsidiary...
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Yanzhou Coal to acquire Australian Gloucester

January 1, 2012

On December 23rd 2011, Yanzhou Coal Mining Co Ltd. (Yanzhou Coal) announced its merger with Australian miner Gloucester Coal Ltd. (Glouchester). Under the agreement, Yanzhou Coal will buy Gloucester...
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Bright Food acquires stake in Manassen

August 28, 2011

18th August 2011 – China’s state-owned Bright Food Group Co. has agreed to acquire a 75% stake in Manassen Foods Australia Pty. Ltd. (Manassen) from Champ Private Equity. Although...
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