Joy Global Inc, the global supplier of high-productivity mining solutions, has announced that its Board of Directors has unanimously approved a definitive merger agreement under which Komatsu America Corp, a subsidiary of Komatsu Ltd, will acquire Joy Global in a transaction valued at approximately $3.7 billion, including Joy Global’s outstanding indebtedness. Continue reading “Komatsu buys Joy Global”
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”
Saul Wordsworth is deputy editor of the iVT brand – which includes digital and print editions of a quarterly magazine and Off-Highway Annual, as well as ivtinternational.com.
He is a keen cyclist and lives in north London.
Other works by Saul
Some pictures picked up from the interweb