Komatsu to sell US and Australian conveying businesses to Stellex Capital
Komatsu signed an agreement to sell its US and Australian-based conveying businesses to Stellex Capital, including stock of Joy Global Conveyors Inc. and assets in Winfield, AL and Somersby, NSW. The new entity will be called Continental Global Material Handling LLC.
Productsconveying equipment
“Komatsu has signed an agreement to sell those business units to Stellex Capital, an investment company focused on middle-market companies with improvement and growth potential.”komatsu.com
- 5 sources
- komatsu.comKomatsu announces plans to sell UK-based conveying businesses | KomatsuMar 11, 2021
- im-mining.comKomatsu Mining in process of selling Joy Global mining conveyor & Goodman-Hewitt idler businesses to private equity company Stellex - International MiningPaul MooreMar 30, 2021
- businesswire.comStellex Capital Management Acquires Komatsu’s US- and Australia-Based Conveying BusinessesKomatsuMar 31, 2021
- pehub.comStellex acquires Komatsu's U.S. and Australia-based conveying business units | PE HubIris DorbianMar 31, 2021
- thefreelibrary.com
Summarized from public sources; check the original articles before acting on it.
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