# Komatsu to acquire full ownership of UMW Komatsu Heavy Equipment

Komatsu Ltd. has decided to acquire all shares held by UMW Corporation in UMW Komatsu Heavy Equipment Sdn. Bhd. (UKHE), making UKHE a wholly owned subsidiary. The acquisition aims to strengthen Komatsu's competitiveness in construction and mining equipment markets in Malaysia, Singapore, Myanmar, Brunei and Papua New Guinea.

- Type: Acquisition
- Announced: 2024-08-23
- Where: Malaysia
- Status: announced
- Products: construction equipment, mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [UMW Holdings](https://endata.com/companies/15844.md) (partner)
- [Komatsu](https://endata.com/companies/15845.md) (acquirer)
- [UMW Komatsu Heavy Equipment Sdn. Bhd.](https://endata.com/companies/79348.md) (target)

## Sources

- [komatsu.jp](https://www.komatsu.jp/en/newsroom/2024/20240823), 2024-08-23: "Komatsu will acquire all of the shares that UMW Corporation Sdn. Bhd. holds in UMW Komatsu Heavy Equipment Sdn. Bhd."

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