Japanese manufacturer Yanmar is to acquire US-based compact tracked and wheeled skid steer loader producer ASV for US$70.7 million.
Terex Corporation has agreed to sell its Demag mobile cranes business to Tadano for approximately US$215 million.
Vehicle transmission and component company Dana Incorporated in the USA has completed the acquisition of Italian electric motor manufacturer SME Group.
Headquartered in Arzignano, SME designs and builds low-voltage AC induction and synchronous motors, inverters, and controls for off-highway vehicles, including material handling, construction and agricultural equipment. Continue reading “Dana acquires SME Group”
US-based re-rental specialist Acme Lift Co. has announced that Hitachi Construction Machinery Co. Ltd. Group (HCM) has acquired a 33.3 percent share of the business.
Swedish on-road load handling equipment provider Hiab has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR 50 million.
The acquisition is part of Hiab’s stated strategy to renew and expand its loader cranes portfolio with the aim of becoming market leader.
The acquisition comes on the back of Hiab’s acquisition of Argos loader cranes in Brazil Continue reading “Hiab to acquire Effer”
Agg-NET, December 12, 2017
ATLAS Copco are to acquire Utah-based Cate Drilling Solutions LLC for an undisclosed sum. The company, which distributes and services Atlas Copco drilling equipment, is active in the US states of Utah, Nevada, Wyoming and Idaho. Continue reading “International acquisitions for Atlas Copco”
AGG-NET Friday, December 8, 2017
US farm machinery giant establishes leading position in road construction equipment
DEERE Company (John Deere) have completed their €4.6 billion acquisition of the Wirtgen Group, the world’s leading manufacturer of road construction equipment.
Continue reading “Deere complete acquisition of Wirtgen Group”
By Paul Moore, 23rd December 2016 on IM-Mining
As reported in Nikkei Asian Review, Hitachi Construction Machinery has acquired two suppliers of parts and services for mining equipment with operations in the US and Australia, continuing its expansion into the support business amid sluggish demand in its mainstay machinery market.
Bradken has agreed to a takeover bid by Japan’s Hitachi Construction Machinery (HCM) in a deal analysts say may indicate the worst of the mining downturn has passed. Yuichi Tsujimoto, HCM President said his company believes Bradken’s “businesses are complementary with our mining equipment services business. Both companies leveraging each other’s global network will enable us to strengthen our combined businesses and enhance our earnings.” Continue reading “Hitachi Construction Machinery buying Bradken”
3 Jul, 2009, as published on the Hitachi CM Global site
HCM has made a strategic investment and purchased a significant interest in Wenco International Mining Systems, Ltd. (“Wenco”). Wenco is a leading producer of fleet management systems and an innovator of technology to improve mine operation efficiency. Continue reading “Hitachi Expands Its Mining Business by Acquisition of Wenco”