# Barloworld in talks to buy a Caterpillar business

Barloworld Ltd is in talks to buy a business from Caterpillar Inc, using proceeds from the sale of its Iberian equipment business.

- Type: Acquisition
- Announced: 2018-11-19
- Status: rumored
- Products: construction and mining equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Caterpillar](https://endata.com/companies/1968.md) (target)
- [Barloworld](https://endata.com/companies/6766.md) (acquirer)

## Sources

- [mining.com](https://www.mining.com/web/south-africas-barloworld-talks-buy-caterpillar-business/), 2018-11-19: "I have given myself a year to identify a business and I have already engaged Caterpillar."

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