Malaysia’s Sunway Group acquires Dongfeng’s local distributor
By Will Pulson - 7th March 2022
Malaysia / China – A well-established distributor of construction, materials handling and other machinery products, Sunway Trading and Manufacturing, a subsidiary of the Sunway Group, based in Sunway City, Malaysia, announced in February it has acquired Dongfeng Commercial Vehicle Malaysia (DFCVM), the local distributor of China’s Dongfeng Motor Corporation.
Yeoh Yuen Chee, executive director of Sunway Trading and Manufacturing, in a statement, said: “The acquisition is part of the new products and business diversification of our Heavy Equipment division. Sunway is always on the lookout for new ventures and acquisitions. DFCVM, the Malaysian sole distributor of Dongfeng, initially approached us with regards to this.”