2016Notice of Merger of Two Consolidated Subsidiaries
Sep. 15, 2016
Komatsu Ltd. (Tetsuji Ohashi: President and CEO) has recently completed the merger procedures of two wholly owned subsidiaries to establish Komatsu Germany GmbH in Germany.
The concerned subsidiaries were Hanomag GmbH, a German manufacturer of wheel loaders and wheeled hydraulic excavators, and Komatsu Mining Germany GmbH, a German manufacturer of super-large hydraulic excavators. Through this merger as an integrated organization, Komatsu Germany is better positioned to establish flexible manufacturing, strengthen and streamline administrative work, and reinforce development operations in order to respond to customer needs promptly. Komatsu has no plans to close down business bases or reduce manpower of the two in this merger.
Komatsu expects no impact on its consolidated business results, because this merger involves its wholly owned subsidiaries.
- The information described is at the time of presentation and may be subject to advance notice.