◂ Announcements

Feb 25, 2022ACQUISITION

Caterpillar to divest longwall business to Hauhinco

Caterpillar has made a preliminary deal to divest its longwall mining equipment business to Hauhinco. The transaction is expected to be completed during the third quarter of 2022.

Status

Announced

Productslongwall mining equipment

CompaniesCaterpillar target Hauhinco acquirer

Sectors#Mining Equipment #Industrial Machinery

“The impetus for the deal, he added, was to allow Cat to stay focused on its core products and services.”minersnews.net

1 source
minersnews.netCaterpillar to divest longwall business - Miners News GlobalMiners NewsFeb 25, 2022

Summarized from public sources; check the original articles before acting on it.

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Caterpillar to divest longwall business to Hauhinco · Endata