# Hitachi Construction Machinery to acquire Bradken for $976M

Hitachi Construction Machinery (HCM) made an all-cash takeover offer for 100% ownership of Bradken, an Australian manufacturer of machined cast iron and steel equipment for mining, energy and rail industries, with an enterprise value of approximately $976 million.

- Type: Acquisition
- Announced: 2017-10-25
- Where: Australia
- Value: $976.0M
- Status: announced
- Products: machined cast iron and steel equipment for mining, energy and rail
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (acquirer)
- [Bradken](https://endata.com/companies/17804.md) (target)

## Sources

- [minterellison.com](https://www.minterellison.com/articles/japans-hcm-takeover-offer-for-bradken), 2017-10-25: "HCM’s all-cash offer was for 100 percent ownership of Bradken, for an enterprise value of approximately $976 million."

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