Hillhead/QMJ 2024

News

Digging deep into construction machinery news

LiuGong to acquire Construction Plant & Machinery Sales (southeast) Limited

Tue 23 Apr 2019

LiuGong to acquire Construction Plant & Machinery Sales (southeast) Limited

LiuGong’s European headquarters in Warsaw, Poland, will assume responsibility for the UK based direct sales operation. The former shareholders of CPMS will remain as directors of the business, ensuring customers a seamless business transition. LiuGong plans to continue its investment to not only broaden the national coverage but to invest in people and processes to support the growth objectives in Europe’s largest construction equipment market. “The UK is an important market for us. CPMS has laid a strong foundation for LiuGong to make an impact not only in the traditional earthmoving market but also in demolition, recycling and plant rental sectors. We have an outstanding management team in place at CPMS who are true retail professionals and highly experienced in the UK construction equipment market.” Howard Dale, Chairman of LiuGong Dressta stated. Brain Prescott, CPMS managing director, commented: “We are really pleased to have LiuGong onboard. The new entity will be part of a much larger group & for our customers, this means greater financial stability, direct support from the manufacturer, a larger range of machines to fulfill our customers’ needs, as well as greater national coverage and support resources. In addition, this move will enhance resale values as the population of LiuGong machines grow.” The move is a clear indication that LiuGong is intent on continuing its long-term strategic plans to grow and strengthen its distribution channel in the UK & Europe.

Loads more

LOADS MORE

This website and services embedded within it use cookies to offer you the best user and functional experience and to provide us with performance statistics. Please click more information to read about cookies and to view the cookies we use.

More information | Block cookies

If you choose to block cookies some parts of this website may not operate. To block cookies please do this within your browser settings. Most browsers allow you to block cookies within their settings and we have provided links to the most commonly used browsers. Please view our cookie details page for more information on the cookies we use.

Chrome | Firefox | Safari | IE

Accept + close