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  • A&S Concrete Pump Co., Ltd.
  • Address: 469 Xinsheng Road, Gaoxin District, Chengdu, Sichuan 610041, China
  • Tel: +86-28-84167580
  • Fax: +86-28-86129221
  • Email: pump@esmachinery.com
  • Contact Person:Aaron

XCMG, CNI, crane, Carlyle--XCMG moves from local to central state ownership

Chinese state-owned conglomerate China North Industries (CNI) has agreed to buy crane builder XCMG, which is currently owned by the local government in Jiangsu province. The deal appears to put the final nail in the coffin of international investor Carlyle Group's bid for the business.

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