LiuGong Expands Into Europe With Acquisition



LiuGong, one of China’s largest construction equipment manufacturers, said it is taking its first step into European production with the acquisition of Huta Stalowa Wola (HSW) of Poland.

Established in 1937, HSW produces crawler dozers at its plant in southwestern Poland. HSW also makes wheel loaders, side-boom pipe layers and machines customized for landfill applications and logging operations. HSW brand products are sold through it exclusive marketing arm Dressta.

The deal, announced at the Conexpo show in Las Vegas this week, includes HSW’s distribution subsidiary, Dressta, but not HSW’s military manufacturing business.

LiuGong is one of the largest wheel loader manufacturers in the world and is ranked as the 15th largest construction equipment manufacturer in the world in 2010. Last year, LiuGong produced and sold more than 56,500 machines worldwide with production from 16 manufacturing facilities inside and outside of China.

Previously on monitordaily.com:


De Lage Landen, LiuGong Machinery Enter Formal NA Partnership
Tuesday, February 22, 2011


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