# Mitsui acquires 60% stake in Komatsu Mining Corp. Perú

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

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

## Companies

- [Mitsui & Co.](https://endata.com/companies/10710.md) (acquirer)
- [Komatsu](https://endata.com/companies/15845.md) (partner)
- [Komatsu Mining Corp. Perú](https://endata.com/companies/73548.md) (target)
- [Joy Global (Peru)](https://endata.com/companies/73786.md) (target)

## Sources

- [mitsui.com](https://www.mitsui.com/jp/en/release/2023/1247735_13943.html), 2023-11-07: "Mitsui & Co., Ltd. has acquired a 60% stake in Komatsu Mining Corp. Perú, which is wholly owned by Komatsu Ltd."
- [leadersleague.com](https://www.leadersleague.com/es/news/komatsu-sells-stake-in-peru-s-joy-global-to-mitsui), 2023-11-15: "Japanese company Komatsu has sold 60% of its subsidiaries’ interests in mining company Joy Global (Peru) to Mitsui & Co. 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.