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

  • Yanmar is buying Terex’s compact machine business
    June 21, 2016
    Japanese firm Yanmar is acquiring the compact construction equipment business of Terex Corporation. The deal is worth around US$60 million and will see ownership of Terex Corporation’s German operations that manufacture compact machines being transferred to Yanmar Holdings. Terex manufactures and markets ranges of wheeled loaders, midi and mini excavators, wheeled excavators, and a number of other products in Europe through this business. Included in the acquisition is the manufacturing facility located in
    Read More
  • Turkey mega project opening for tender
    January 12, 2017
    The tender process is commencing for a US$5 billion contract to construct a bridge and a road network of roads in Turkey. The bridge will span the Dardanelles waterway and the project looks likely to attract strong interest from several major international construction firms. The Çanakkale 1915 Bridge will be located at the western end of the Sea of Marmara, a short distance from Çanakkale. The 3.6km long bridge will feature a main span of 2.023km, making it one of the longest suspension bridges in the worl
    Read More
  • Kenya port suspension bridge project makes progress
    January 15, 2019
    A new suspension bridge in Kenya’s key port city, Mombasa, will help unlock potential – Shem Oirere reports Plans for the construction of a US$200 million suspension bridge in Kenya heva moved a notch higher. The country's urban roads agency recently announced the shortlisting of three bidders for the design, finance, construct, operate, maintain and transfer public private partnership (PPP) contract model. Kenya Urban Roads Authority (KURA) is a state agency that manages, develops, rehabilitates and mai
    Read More
  • Turkish birdge/highway concession package reopens?
    March 20, 2012
    Despite the recent failure of the Turkish Government’s tender for the project to build a third bridge over the Bosphorus, the deal may yet go ahead. Japanese firms Itochu, Obayashi, IHI and Mitsubishi have revealed that they are still interested in constructing a third bridge over the Bosphorus at Istanbul, as well as constructing the associated tolled highway.
    Read More

Highlighted Content