Bradken Pty Ltd, a subsidiary of Hitachi Construction Machinery, has begun manufacture and shipment of genuine lightweight dump bodies for rigid dump trucks from its factory in Ipswich, Australia. The first two dump bodies will be delivered to Bengalla Mining Company.
Hitachi Construction Machinery's Australian subsidiary Bradken, along with American Industrial Partners, is pursuing the acquisition of a mining equipment company.
Hitachi Construction Machinery (HCM) made an all-cash takeover offer for 100% ownership of Bradken, an Australian manufacturer of machined cast iron and steel equipment for mining, energy and rail industries, with an enterprise value of approximately $976 million.
Hitachi Construction Machinery acquired Australian mining services business Bradken in 2016, gaining 100% ownership and control. The deal was transformational for Hitachi, marking its first acquisition of a publicly listed company.