Sime Darby buys Bucyrus distribution business from Caterpillar for US$360m

Sime Darby Bhd has acquired part of the Bucyrus distribution business from Caterpillar for US$360 million, including owned and leased properties, plant and equipment, inventories, maintenance contracts, order book and employees. The acquisition strengthens Sime Darby's industrial division in the mining industry in Australasia.

“It will also allow Sime Darby’s industrial division to leverage its position in Australasia’s rapidly growing mining industry, especially in Queensland, Northern Territory of Australia and Papua New Guinea.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comSime Darby buys Bucyrus business from Caterpillar for US$360mNov 5, 2026

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