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Komatsu, through its Australian subsidiary, acquired iVolve Holdings, a provider of fleet management systems for small to mid-tier miners, contractors, and quarries. The acquisition was completed on Dec. 1, 2023.
Komatsu, through its U.S. subsidiary Komatsu America Corp., agreed to acquire American Battery Solutions, Inc., a battery manufacturer headquartered in Detroit, Michigan. The acquisition is expected to close on December 1, 2023, and will enable Komatsu to develop battery-operated construction and mining equipment.