# Komatsu to dissolve Shantui's equity in joint venture Komatsu Shantui

Komatsu agreed to dissolve Shantui Construction Machinery's equity participation in Komatsu Shantui Construction Machinery, a joint venture in Jining, China. The process will proceed in FY2021, with minimal impact on consolidated results.

- Type: Closure
- Announced: 2021-10-29
- Where: Jining City, Shandong, China
- Status: announced
- Products: hydraulic excavators, construction equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Komatsu](https://endata.com/companies/15845.md)
- [Shantui Construction Machinery](https://endata.com/companies/29431.md) (partner)
- [Komatsu Shantui Construction Machinery Co., Ltd.](https://endata.com/companies/58798.md) (target)

## Sources

- [komatsu.jp](https://www.komatsu.jp/en/newsroom/2021/20211029), 2021-10-29: "Komatsu and Shantui have agreed to promote the respective businesses independently and dissolve Shantui’s equity participation in Komatsu Shantui."

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