# UMW and Komatsu form joint venture for heavy equipment in Malaysia

UMW Corporation Sdn Bhd and Komatsu Ltd entered into a joint venture agreement for UMW's heavy equipment business. UMWC holds 74% and Komatsu holds 26% of the joint venture company UMW Komatsu Heavy Equipment Sdn Bhd.

- Type: Partnership
- Announced: 2018-09-28
- Where: Malaysia
- Status: announced
- Products: heavy equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [UMW Holdings](https://endata.com/companies/15844.md) (partner)
- [Komatsu](https://endata.com/companies/15845.md) (partner)

## Sources

- [klsescreener.com](https://www.klsescreener.com/v2/news/view/436770/umw-komatsu-enters-jv-for-heavy-equipment-business), 2018-09-28: "This joint venture with Komatsu will enable UMW to move forward in the heavy equipment business to further strengthen the long-term business relationships between the two parties."

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