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.
Kion Group
Breaking News
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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