Jul 1, 2021ACQUISITIONSouth Korea Doosan Industrial Vehicle spun off from Doosan, to become subsidiary of Doosan Bobcat
Doosan Industrial Vehicle (formerly Doosan's Industrial Vehicle BG) has been spun off from Doosan as an independent company. It will become a subsidiary of Doosan Bobcat on July 5, 2021, after Doosan Bobcat agreed to acquire the business for KRW 750 billion.
Value
$670.0M (750.0B KRW)
Productsforkliftswarehouse equipment
“두산밥캣은 올해 3월 두산으로부터 산업차량 사업부를 7500억 원에 인수하기로 했으며 인수절차는 5일 마무리 된다.”businesspost.co.kr
- 4 sources
- businesspost.co.kr두산산업차량 두산에서 분할돼 독립법인 새 출발, 대표에 김태일Jul 1, 2021
- earthmoversmagazine.co.ukDoosan Bobcat acquires DIV Business GroupJul 6, 2021
- constructionbriefing.comForklifts subsidiary added to Doosan BobcatJul 6, 2021
- warehousenews.co.ukDIV now part of Doosan Bobcat - Warehouse & Logistics NewsSep 4, 2021
Summarized from public sources; check the original articles before acting on it.
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