Independent journal on economy and transport policy
20:41 GMT+1
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Chinese CIMC has bought the Retlan Group for 91,7 million pounds
the nordirlandese group produces to towings and semitowings
July 4, 2016
the container producer intermodal Lowers International Marine Containers (CIMC) has carried out one important investment in the field of the semitowings with the objective to expand own activity in Europe. The Chinese company has bought for 91,7 million pounds (109 million euros) the nordirlandese Retlan Manufacturing Ltd., society that produces semitowings and that it possesses the SDC Trailer, society that constructs towings, and the MDF Engineering, society that it plans, it realizes and delivery elements and producing for the manifacturing industry.
the Retlan group, that it appoints to a job approximately thousand people and that in the last fiscal year anniversary has recorded revenues for 198 million pounds, will be melted with CIMC the Vehicles, branch through which group CIMC has carried out the acquisition.
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the container producer intermodal Lowers International Marine Containers (CIMC) has carried out one important investment in the field of the semitowings with the objective to expand own activity in Europe. The Chinese company has bought for 91,7 million pounds (109 million euros) the nordirlandese Retlan Manufacturing Ltd., society that produces semitowings and that it possesses the SDC Trailer, society that constructs towings, and the MDF Engineering, society that it plans, it realizes and delivery elements and producing for the manifacturing industry.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
