Continue reading "Signature of a joint venture agreement between Deutz and Sany"
Signature of a joint venture agreement between Deutz and Sany
German engine manufacturer Deutz has signed a joint venture agreement with Chinese construction equipment manufacturer Sany. The new structure will be owned 51% by Deutz who will also inject € 2 million. The company will take over production of Sany’s engine range with the goal of producing 75,000 new engines by 2022. These will comply …
