Apr. 5, 2016
As announced in the news release of December 15, 2015, Komatsu Ltd. (President and CEO: Tetsuji Ohashi) (hereinafter "Komatsu") and Mitsui & Co., Ltd. (President and CEO: Tatsuo Yasunaga) (hereinafter "Mitsui") started a new distributorship business in Mexico on April 1, 2016, which covers both construction and mining equipment, by integrating construction equipment distributorship business in Mexico of Komatsu Maquinarias Mexico S.A. de C.V., an indirect wholly owned subsidiary of Komatsu held through its group companies, into Road Machinery Co., S.A. de C.V., a joint venture company between Komatsu group and Mitsui group (equity stakes: 60% by Komatsu group and 40% by Mitsui group) whose business is to provide service for Komatsu mining equipment in Mexico.
Komatsu and Mitsui position Mexico as an important market for its construction and mining equipment business, and are working for further growth by managing this distributor which covers both construction and mining equipment under Komatsu's leadership.
Komatsu and Mitsui expect minimal effect on their respective consolidated business results from the integration above.
[Outline of the distributor after integration]
Name: Komatsu Maquinarias Mexico S.A. de C.V.
(Road Machinery Co., S.A. de C.V. plans to change its name to the above.)
Established: 1991
Located: Mexico City, Mexico D.F., The United Mexican States
Representative: Mr. Manuel Eduardo Bennett Olivares
Line of business: Sales and product support for Komatsu construction and mining equipment
Equity Stakes: 60% by Komatsu group and 40% by Mitsui group
Number of employees: About 850 persons
<Contact>
Komatsu Ltd.
Corporate Communications
TEL: +81-3-5561-2616
FAX: +81-3-3505-9662
Mitsui & Co., Ltd.
Corporate Communication Division
Akihiro Tamo
TEL: +81-3-3285-6645
FAX: +81-3-3285-9819
No : 005 (2567)
Corporate Communications Department
Sustainability Promotion Division
Komatsu Ltd.
tel: +81-(0)3-5561-2616
mail: JP00mb_cc_department@global.komatsu
*The information described is at the time of presentation and may be subject to advance notice.
