# Hitachi Construction Machinery and PEO to form joint venture for training center

Hitachi Construction Machinery and PEO Co., Ltd. signed an agreement to jointly invest in the Hitachi Construction Machinery Operators Training Center. PEO will acquire 51% of the shares, and the company will be renamed PEO Construction Machinery Operators Training Center Co., Ltd. effective August 1, 2019.

- Type: Acquisition
- Announced: 2019-06-27
- Where: Japan
- Status: announced
- Products: construction machinery operator training
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [PEO Co., Ltd.](https://endata.com/companies/40296.md) (partner)
- [OUTSOURCING Inc.](https://endata.com/companies/40297.md) (investor)

## Sources

- [hitachicm.com](https://www.hitachicm.com/global/en/news/press-releases/2019/19-06-28/), 2019-06-27: "The company will draw on the personnel utilization know-how of the OS Group which extends from research and development to mass-production processes in the manufacturing industry and Hitachi Construction Machinery’s knowledge of ICT construction solutions to develop and provide training which covers"

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