# Komatsu acquires Joy Global for $2.9 billion

Komatsu acquired rival US-based Joy Global in a deal valued at $2.9 billion globally. Both companies manufacture mining and construction machinery. The article notes merger control procedures in Colombia.

- Type: Acquisition
- Announced: 2016-12-27
- Where: United States
- Value: $2.90B
- Status: completed
- Products: mining machinery, construction machinery
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Komatsu](https://endata.com/companies/15845.md) (acquirer)
- [Joy Global](https://endata.com/companies/16551.md) (target)

## Sources

- [thelatinamericanlawyer.com](https://thelatinamericanlawyer.com/ppu-instructed-on-komatsu-competition-matter-in-colombia/), 2016-12-27: "This matter arose from Komatsu´s acquisition of rival US-headquartered Joy Global, a deal valued at $2,9 bn globally."

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