Lucky will announce the acquisition of Ewing Machinery in China

On June 24th, some of the units of Leppard Pulverizer, a plastics grinding machinery and technology leader headquartered in Sweden, and IPEG in Pittsburgh, Pennsylvania, were announced at the 2009 NPE2009 press conference. It announced the acquisition of Evian Machinery Co., Ltd., a smashing and recycling system manufacturer based in Shanghai.
The new investment initiatives reflect a significant step forward for the company's strength in Asia. The company has thus obtained ready-made distribution networks in China and throughout Asia and has greatly expanded its capabilities for local production and installation. The acquisition will enable Le Compt to increase the speed and efficiency of providing services to local customers in China and Asia, and shorten the delivery cycle, which will enhance the company's competitiveness in the Asian market.
As part of the agreement, Lebitt will re-deploy its operations in China to the 50,000 square meter factory in Shanghai. Now, Le Competite has expanded its production space by as much as 10 times and can produce and install more product series for local customers in China.
Ewing Machinery Co., Ltd. was established in Australia in 1982 and moved the production department to China in 1997. The company is currently the second largest comminution machinery manufacturer in Asia, with extensive business networks throughout Asia and a leading position in the entire Chinese market.
Over the years through the cooperation of partners in the sales channel, Ewing Machinery Co., Ltd. has maintained a good performance in Europe, especially the United Kingdom, Germany and Spain. The company produces and sells excellent equipment with a wide range of products, from heavy-to-small pelletizers, shredders, shredders, and post-processing equipment, which not only greatly expands Lepida's product portfolio, The company quickly occupied the post-consumer and industry recycling market, and this market showed strong growth momentum in Asia.
Rolf Gren, president and chief executive officer of the Leap Grinder Group, said: "For Le Competence, this is a huge development. We are extremely excited about this opportunity and the company's potential. This investment broadens the product portfolio. , consolidates the global leading market position in the crushing machinery industry and means that the company has the ability to provide the same level and speed of service to Europe and North America to a growing customer base throughout Asia."
After the completion of the acquisition, Mark Miao, president and owner of the original Ewing Machinery Co., Ltd. will continue to serve as general manager of China in the group. He added: "Everything is still a must for Evian, this is a major move. I am very We are pleased to be part of the world's leading brand team for plastic smashing and recycling systems, and will contribute to the greater benefits for customers in China and around the world.”

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