Yuchai Machinery to acquire 100 percent in Yuchai Rebuilt Industry (Suzhou)  [ China ]

Yuchai Machinery (Guangxi) Group Co., Ltd. announced that it will turn Yuchai Rebuilt Industry (Suzhou) Co., Ltd. into its wholly owned subsidiary by acquiring the remaining 49 percent share owned by Caterpillar (China), its joint venture partner. Yuchai Rebuilt Industry (Suzhou) was established in April 2010, and started operating in 2011. The joint venture mainly carries out recycling of dies...
<Jul 03, 2014>