Komatsu to acquire American Battery Solutions

Komatsu, through its U.S. subsidiary Komatsu America Corp., agreed to acquire American Battery Solutions, Inc., a battery manufacturer headquartered in Detroit, Michigan. The acquisition is expected to close on December 1, 2023, and will enable Komatsu to develop battery-operated construction and mining equipment.

“本買収により、同社が持つバッテリー技術とコマツの知見・ネットワークを融合することで、様々な環境や条件の下で使用される建設・鉱山機械各機種に合わせて、最適化されたバッテリーの開発・生産が可能になります。”komatsu.jp

• 7 sources
• komatsu.jp-カーボンニュートラル実現に向けた電動化事業の加速- 米国 American Battery Solutions社を買収 | ニュースルーム | コマツ 企業サイトNov 20, 2023
• komatsu.comKomatsu announces plans to acquire American Battery Solutions | KomatsuNov 20, 2023
• miningmagazine.comKomatsu to acquire ABSMunira RajkotwallaNov 20, 2023
• dbusiness.comAmerican Battery Solutions in Lake Orion to be Acquired by Komatsu - DBusiness MagazineTim KeenanNov 20, 2023
• equipmentworld.comKomatsu to acquire American Battery Solutions | Equipment WorldRyan WhisnerNov 21, 2023

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