Zoomlion
 |
|
| Public | |
| Traded as | : 000157, : 1157 |
| Industry | Heavy machinery |
| Founded | September 28, 1992 |
| Headquarters | Changsha, Hunan, People's Republic of China |
|
Key people
|
Zhan Chunxin (President and CEO) |
| Products |
Construction equipment Sanitation Equipment Industrial machinery |
| Revenue | US $7 billion |
|
Number of employees
|
30,000 |
| Subsidiaries | Compagnia Italiana Forme Acciaio SpA (Cifa) Powermole |
| Website | http://en.zoomlion.com/ |
Zoomlion (officially Zoomlion Heavy Industry Science & Technology Development Co., Ltd.) (: 000157, : 1157) (Chinese: 中联重科) is a Chinese manufacturer of construction machinery and sanitation equipment, listed on the . Its headquarters are in the Zoomlion Science Park in Changsha, Hunan.
Zoomlion is world’s sixth largest and China’s largest construction machinery enterprise. "In 2008, Zoomlion acquired CIFA, the world's third largest concrete machinery manufacturer, which was the largest ever European acquisition by a Chinese company at the time<
The business of Zoomlion consists of five sectors: construction machinery, agricultural machinery, heavy trucks, environmental business and financial services.
Italian construction equipment maker Compagnia Italiana Forme Acciaio SpA (Cifa) and British construction equipment manufacturer Powermole are subsidiaries of the company.
Founded in 1992 as Changsha Hi-tech Development Area Zoomlion Construction Mechanical Industry Company, one of its first products were concrete pumps.
Early development included the merging of several smaller, preexisting entities with Zoomlion including the former Concrete Machinery Research Office and remnants of the Changsha Construction Machinery Research Institute.
Marking its transition to a public company, Zoomlion made an initial public offering on the on Oct 12, 2000, soon after acquiring ISO9001 certification.
A rarity at a time when developing country companies seldom acquired their developed country counterparts, Zoomlion bought the British company Powermole in the early 2000s.
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Wikipedia