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Komatsu has agreed to acquire American Battery Solutions (ABS), a battery manufacturer headquartered in Detroit, MI. The acquisition of ABS will enable Komatsu to develop and produce its own battery-operated construction and mining equipment, through the integration of ABS’...
Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business unit at a purchase price of USD 210M. The assets to be acquired include a development center...
Built Robotics, the inventor of the robotic Exosystem and leader in construction autonomy, is announcing the acquisition of Roin Technologies, the makers of the first automated concrete power trowel. The acquisition will grow the capabilities of Built's engineering team...
The Crosby Group, a leading provider of lifting and rigging solutions, and KITO CORPORATION, a leading manufacturer of material handling equipment with 90 years of experience in the development and production of hoists and cranes, today announced the completion...
Komatsu today announced that it has entered into an agreement to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunneling, and special civil engineering equipment headquartered in Gelsenkirchen, Germany. Founded in the 1960s and currently part of the...
Caterpillar announces the company has entered into an agreement with construction solutions supplier, Axenox, to acquire the intellectual properties of two of the company’s asphalt paving screed products. Under the agreement, Oxclaw textured screed plates and Bullox modular screed plate...
In a move designed to support customers by maintaining key distributor networks and opening doors for expanded product access and collaboration, Montabert, a standalone hydraulic rock breaker business owned by Komatsu, today announced it has entered into an agreement...
Cummins and Meritor announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms...
In our recent article we write about the acquisition of kreisel from John Deere & company. Now the transaction is complete and Deere have acquired the majority ownership of society. Deere & Company has acquired majority ownership in Kreisel Electric...
In a move designed to support customers by maintaining key distributor networks and opening doors for expanded product access and collaboration, Montabert, a standalone hydraulic rock breaker business owned by Komatsu, today announced it has entered into an agreement...