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Perkins Engines to acquire IHI Agri-Tech's shares in joint venture · Endata

◂ Announcements

Industrial Machineryworld trade 2024+4.5% 5Y CAGR

Oct 1, 2018ACQUISITIONJiangsu Province, China

Perkins Engines to acquire IHI Agri-Tech's shares in joint venture

Perkins Engines has agreed to buy out IHI Agri-Tech's remaining shares in their joint venture for Perkins 400 Series off-road engines, which has produced over 1 million engines.

Status

Announced

Productsoff-road engines

CompaniesCaterpillar partner Perkins Engines acquirer IHI Agri-Tech target

Sectors#Industrial Machinery

“Perkins Engines has agreed to buy out IHI Agri-Tech’s (IAT) remaining shares in the venture.”equipmentworld.com

2 sources
equipmentworld.comBusiness Roundup includes: Cat, JCB, Komatsu and more | Equipment WorldWayne GraysonOct 1, 2018
forconstructionpros.comPerkins Buys Out Its Japanese Partner of 23 Years | For Construction ProsOct 3, 2018

Summarized from public sources; check the original articles before acting on it.

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