Kion Group

China's Zoomlion acquires Germany's M-Tec

China-based construction equipment manufacturer Zoomlion Heavy Industry Science & Technology Co has bought Germany-based dry mortar equipment producer M-Tec, according to a statement on the company's website.

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Shandong Heavy to take 25 pct stake in Kion-sources

China's Shandong Heavy Industries may announce a deal to buy a 25 percent stake in Germany's Kion Group for between 700 million euros ($876.9 million) and 750 million as soon as Monday.

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