Kobelco to acquire 70% stake in CNH Industrial's construction equipment business

CNH Industrial signed a definitive agreement with Kobelco Construction Machinery to form a joint venture for its construction equipment business. Kobelco will acquire a 70% stake, valuing the business at $1 billion, with CNH retaining 30%.

“This transaction significantly advances CNH’s portfolio simplification and sharpens our focus on agriculture in line with our Path to 2030”constructionworld.in

• 1 source
• constructionworld.inKobelco to Acquire 70% Stake in CNH Construction BusinessCW TeamNov 12, 2026

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