# Doosan Bobcat to acquire hydraulic component maker Mottrol for 246 billion KRW

Doosan Bobcat decided to acquire 100% of South Korean hydraulic component maker Mottrol for 246 billion KRW. The deal is expected to close in September 2024, subject to KFTC approval.

- Type: Acquisition
- Announced: 2024-06-12
- Where: South Korea
- Value: $179.6M (246.0B KRW)
- Status: announced
- Products: travel and swing motors, hydraulic pumps, main control valves, E-Drive inverters
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Doosan Bobcat](https://endata.com/companies/11956.md) (acquirer)
- [Mottrol](https://endata.com/companies/11957.md) (target)

## Sources

- [doosanbobcat.com](https://www.doosanbobcat.com/en/mediacenter/news/detail?id=271&page=1&pageSize=10), 2024-06-12: "Doosan Bobcat announced on June 12 that it decided to acquire 100% Mottrol's shares for 246 billion KRW."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.