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Tadano has finalized the acquisition of the transportation system business of IHI Transport Machinery Co., a subsidiary of IHI Corporation, for approximately 15.3 billion yen ($103.6 million). The acquired unit will be renamed Tadano Infrastructure Solutions.
“The completion of this acquisition is a key step in expanding our capabilities in the global lifting equipment market.”gulfconstructiononline.com
Summarized from public sources; check the original articles before acting on it.