Magni Holding S.R.L agreed to acquire a 20% stake in Magni Telescopic Handlers Srl from Zhejiang Dingli Machinery Co.,Ltd (SHSE : 603338) for ?61.4 million on November 17, 2023. This transaction has been reviewed and approved by the company at the sixth meeting of the fifth board of directors. For the period ended September 2023, Magni had ?451.511334 million of total assets and ?134.54043 million of net assets.