# Hitachi Construction Machinery acquires H-E Parts for USD 240m

Hitachi Construction Machinery agreed to buy H-E Parts, a provider of replacement parts for mining and construction vehicles, for an enterprise value of USD 240 million.

- Type: Acquisition
- Announced: 2023-11-08
- Where: United States
- Value: $240.0M
- Status: announced
- Products: replacement parts for mining and construction vehicles
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (acquirer)
- [H-E Parts](https://endata.com/companies/21242.md) (target)

## Sources

- [avcj.com](https://www.avcj.com/avcj/news/3003143/champ-ventures-frontenac-exit-h-e-parts-to-japans-hitachi), 2023-11-08: "The H-E Parts acquisition was part of a broader plan to establish itself as one of the top three players in the global construction machinery industry."

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