Hidden Hill Capital, China Merchants Capital and CMG-SDIC Capital led a $145m Series A round in Sany Heavy Truck.

Synopsis

Hidden Hill Capital, China Merchants Capital and CMG-SDIC Capital led a $145m Series A round in Sany Heavy Truck, a truck manufacturer affiliated with China’s Sany Heavy Industry. The funding will be used to invest in the R&D of its new-energy heavy-duty trucks.

Principals

target

Sany Heavy Truck

bidder

Cmg-sdic Capital Co

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Market Context

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Seller Team (1)

liang wengen

Founder at SANY HEAVY TRUCK

Manager

target

Deal

£ 120 M

Total Value

Bidder Team (2)

miao jianmin

Chairman at CHINA MERCHANTS CAPITAL

Investor

bidder

Deals

£ 120 M

Total Value

ming mei

CEO at HIDDEN HILL CAPITAL

Investor

bidder

Deals

£ 967 M

Total Value

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