# Mitsubishi acquires 60% stake in Komatsu Mining Corp. Peru

Mitsubishi & Co. acquired a 60% stake in Komatsu Mining Corp. Perú (KMCP), a sales and service company for mining machinery in Peru. Mitsubishi and Komatsu plan to merge KMCP with Komatsu Mitsubishi Maquinarias Peru in 2024.

- Type: Acquisition
- Announced: 2023-11-07
- Where: Peru, Peru
- Status: announced
- Products: super-large electric rope shovels, super-large dump trucks, mining machinery
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Komatsu](https://endata.com/companies/15845.md) (partner)
- [Mitsubishi & Co.](https://endata.com/companies/23005.md) (acquirer)
- [Komatsu Mining Corp. Perú](https://endata.com/companies/73548.md) (target)

## Sources

- [mitsubish.co](https://mitsubish.co/jp/en/release/2023/1247735_13943.html), 2023-11-07: "Mitsubishi & Co., Ltd. has acquired a 60% stake in Komatsu Mining Corp. Perú, which is wholly owned by Komatsu Ltd."

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