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Kato Works, a Japanese equipment manufacturer, acquired IHI Construction Machinery Limited in November 2016. The acquired company will continue to sell compact equipment under the name KATO Compact Excavator Sales.
Kato Works has agreed to acquire all shares of IHI Construction Machinery, expanding its range of construction equipment including mini excavators, compact loaders, and cranes. The deal is expected to close on November 25, 2016.