The day before yesterday, the Volvo Group purchased Nissan Diesel’s 40 million shares of common stock from Nissan Motor at a price of 1.5 billion Swedish kronor, equivalent to 13% of the shares, and has the right within 4 years. Acquire the remaining 6% of shares.
This move will strengthen Volvo's Asian strategy and enable it to obtain Nissan Diesel's distribution and service network in Japan and Southeast Asia, and create opportunities for further cooperation with Nissan Diesel in the engine and transmission field.
Volvo and Nissan will also discuss with Dongfeng Motor Co., Ltd. the possibility of cooperation in the field of commercial vehicles in China.
Nissan Diesel is the fourth-largest manufacturer of heavy-duty and medium-duty trucks in Japan. Its output in 2005 was close to 40,000 vehicles. Nissan Diesel has a complete distribution and service network in Japan and Southeast Asia, and more than 90% of its products are sold by its own dealers.
Joré„„ma Halonen, Deputy CEO of the Volvo Group, will be proposed as a director of Nissan Diesel.
Nissan Motor Co., Ltd. is the largest shareholder of Nissan Diesel, which is listed in Tokyo and owns 19% of the shares. Nissan also owns a 50% stake in Dongfeng Motor Co., a Chinese automaker. Dongfeng Motor Co., Ltd. is one of the largest automobile manufacturers in China and the largest truck manufacturer in China. In 2005, it produced 170,000 trucks.
Shredder
SR series Single shaft shredder is a crushing machine with perfect design. It`s wide used and qualified to shred various waste materials such as plastic block & pipes, woven bags, cable, wood, paper, domestic rubbish, electronic waste and so on. The suitable screen can be chosen according to fed materials and the next processing requirement. The output material discharged by the shredder could be directly reused or further shred into small pieces. SR series shredder can be equipped with many different rotor and its rotor process requirements of cooling system, bead weld & wearing layer can also be additionally added according to customers` requests for disposing various waste materials.
Aluminum Shavings Shredder, Steel Shavings Shredder, Aluminum Shredder, Steel Shredder, Metal Shredder
Jiangyin Metallurgy Hydraulic Machinery Factory , https://www.eco-balingmachine.com