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Multi Ways Holdings Announces Partnership with SANY for Sale of Twenty-Three Cranes

Jan 08, 2025•over 1 year ago

Contract Type

partnership

SingaporeManufacturingConstructionBuilding MaintenanceBuilding Material

Description

Multi Ways Holdings Limited announced a partnership with SANY, the Chinese engineering giant and the world's third-largest machinery manufacturer, for the sale of 23 SANY cranes, generating revenue of SGD 8.9 million (US$6.6 million). The partnership aligns with Multi Ways' strategy to maintain a modern, high-performance fleet and offer its clients access to advanced construction machinery.

Company Information

Company

Multi Ways Holdings Limited

Location

Singapore

About

Multi Ways Holdings Limited is a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. With more than two decades of experience, the company is widely established as a reliable supplier of new and used heavy construction equipment to customers from various countries.

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Strategic

ML-powered predictions for Multi Ways Holdings Limited's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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