In early April, too heavy coal machine company invested 130 million Australian dollars to acquire Australia Willi Langwo International Group company, successfully completed the delivery of assets in Sydney. This means that the largest case of cross-border acquisition of enterprises in Shanxi Province has entered a substantive stage.
Willie Langwo International Group is Australia and China's underground gas industry recognized in the world's top products and service providers, leading products include coal-bed directional rigs, downhole diesel trucks, downhole belt conveyors. Among them, the underground diesel transporter is a world-class product. The coal-bed directional rig is the only international supplier in the Chinese market, and its technology is leading internationally.
Therefore, when the Australian Willy Lawworth Group sold its assets globally, 15 well-known companies at home and abroad participated in bids. After many rounds of hard negotiations and tenders, the heavy weight coal machinery company finally achieved a strong overall strength last year. On the 15th of the month, the company signed an equity sale and purchase agreement with the other party in Beijing. The purchase price was AUD 130 million.
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