KATO and IMER renaming

The partnership between Japanese construction machinery firm Kato Works and IHI Corporation has now further developed. IHI Corporation transferred 100% of its stock in IHI Construction Machinery to Kato Works. Meanwhile the Italian-based company IHIMER is now renamed as Kato Heavy Industries Construction Machinery, or Kato Hicom. Following the stock transfers and agreements of the respective boards, the firm is now called KATO IMER.
March 21, 2017 Read time: 1 min
The partnership between Japanese construction machinery firm Kato Works and IHI Corporation has now further developed. IHI Corporation transferred 100% of its stock in IHI Construction Machinery to Kato Works. Meanwhile the Italian-based company 4848 IHIMER is now renamed as Kato Heavy Industries Construction Machinery, or Kato Hicom. Following the stock transfers and agreements of the respective boards, the firm is now called KATO 6233 IMER.
Finance & Funding

For more information on companies in this article

Related Content

  • Rolls-Royce restructuring its Power Systems business unit
    August 6, 2019
    Rolls-Royce is restructuring its Power Systems business unit, while the firm also claims strong financial performance.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Zoomlion signs agreement to boost global distribution and sales
    April 10, 2015
    Chinese construction equipment maker Zoomlion and Wallenius Wilhelmsen Logistics have signed what they call a “global strategic cooperation framework agreement” to create a new company. Zoomlion and Wallenius Wilhelmsen Logistics, abbreviated as WWL, will increase cooperation between the two companies in distribution network construction, PDI testing, pier construction and warehouse management. The aim is to increase the competitiveness of Zoomlion products globally, a joint statement said.
    Read More
  • XCMG inks a deal with Sinopec to produce hydraulic fluids
    April 12, 2016
    Zhao Jian, of Sinopec, and Sun Jianzhong, vice president of XCMG Construction Machinery, officially signed an agreement for the two organisations to co-operate on developing hydraulic fluids. The deal was inked during an opening ceremony at bauma on the stand of XCMG, China’s largest construction machinery manufacturer. A spokesperson for XCMG said it is the first time that an agreement has been sig
    Read More

Highlighted Content