Cavpower Group

Activity by year

2023202420252026

Acquisition

Aug 15, 2023ACQUISITIONSouth Australia, Australia$320.0M
Sime Darby to acquire Cavpower dealership for A$500M
Sime Darby Bhd's indirect wholly owned unit SDIMA signed a share sale agreement to acquire Kuxton Pty Ltd and 98.9% of Kagera Pty Ltd, which operates the South Australian Caterpillar dealership Cavpower, for A$500 million.
Caterpillar supplier Sime Darby acquirer Cavpower Group target Kuxton Pty Ltd target Kagera Pty Ltd target #Mining Equipment #Construction Materials niagatimes.com themalaysiavoice.com
Aug 14, 2023ACQUISITIONSouth Australia and Broken Hill, New South Wales, Australia
Sime Darby Berhad to acquire Cavpower Group in Australia
Sime Darby Berhad announced its subsidiary Sime Darby Industrial Australia will acquire Cavpower Group, a Cat equipment distributor in South Australia and Broken Hill, NSW. The transaction is expected to finalize in coming weeks.
Sime Darby Berhad acquirer Cavpower Group target #Industrial Machinery sime.com

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