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