TAMPA, USA: Mascus, the world's leading online marketplace for transportation vehicles, construction equipment, agricultural and forestry equipment is pleased to announce a new licensing agreement in China with ANB, a company based in Xiamen.
"Mascus China and Taiwan will be our 40th and 41st territories, marking one of the most significant milestones in our history," says Managing Director Fredrik Larsson.
"The sheer size and speed of growth of the economy makes it a vital step in our globalization plan. It is the first of the BRIC countries to sign with Mascus and we are working hard on deals in Brazil, India and Russia next, as well as other key territories such as South Korea and Mexico."
Already present in Australia, New Zealand, Indonesia, Thailand and Malaysia, with sites in Japan, Taiwan and South Korea, the new Chinese office will strengthen Mascus' position in Asia and open up new opportunities for customers across the world to break into the huge Chinese marketplace.
Mascus China will cover Greater China, including the People's Republic of China, Hong Kong and Macau; as well as the Republic of China (Taiwan).
"Unlike our competitors, Mascus has a truly global presence," said Tomasz Odrobinski, Internationalization director. "Establishing a permanent base in China opens up the world's biggest market to our Customers, as well as helping Chinese customers reach local and global markets more effectively."