# Bobcat acquires Doosan Industrial Vehicle for $4.3B

Bobcat acquired Doosan Industrial Vehicle (DIV) in 2021 for $4.3 billion, adding forklift and warehouse solutions to its portfolio and gaining manufacturing facilities in South Korea, China, and Germany.

- Type: Acquisition
- Announced: 2023-12-08
- Where: United States
- Value: $4.30B
- Status: completed
- Products: forklifts, warehouse solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Bobcat Company](https://endata.com/companies/10219.md) (acquirer)
- [Doosan Industrial Vehicle](https://endata.com/companies/56173.md) (target)

## Sources

- [equipinsights.com](https://equipinsights.com/bobcat-material-handling-expansion/), 2023-12-08: "Through the strategic acquisition of Doosan Industrial Vehicle (DIV) in 2021, Bobcat has integrated a specialized range of warehousing equipment and forklift solutions."

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