Caterpillar offers $886 million for ERA Mining Machinery

Caterpillar Inc. offered $886 million to acquire ERA Mining Machinery Ltd, a Hong Kong-based maker of mine safety machinery, to expand in China's coal mining market.

“It would 'help our Chinese mining customers to become more efficient and safer at the job site,' Wunning told Businessweek.”miningdigital.com

• 1 source
• miningdigital.comCaterpillar Inc. Banks on China's Mining Industry | Mining DigitalMay 17, 2020

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