Komatsu to buy Mexican service company

Komatsu is buying a majority stake in Road Machinery Co, a Mitsui subsidiary in Mexico, which services Komatsu mining equipment.

Komatsu is working to complete the purchase next month.

Komatsu intends to integrate Komatsu Maquinarias Mexico, a Komatsu’s indirect wholly-owned subsidiary and Road Machinery to establish a new distributor of construction and mining equipment, with equity shares of 60% owned by Komatsu and 40% by Mitsui.

Komatsu says Mexico is an important market for its construction and mining equipment business and so the company is working towards further expansion here by managing this distributor, which covers construction and mining equipment as an original equipment manufacturer.

Source
Komatsu

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