Doosan selling Montabert to Joy

Doosan has sold 100% of its holding in Montabert to Joy Global. The move is a strategic one for Joy, which is a major player in the worldwide underground mining industry. This move has been made as Montabert’s products and equipment are a good fit for Joy Global’s core business in high productivity mining equipment. The deal will provide Montabert with a strong market in the global mining industry. It also allows Doosan to further focus on capturing all growth opportunities in order to significantly grow th
June 10, 2015 Read time: 2 mins

695 Doosan has sold 100% of its holding in 2396 Montabert to Joy Global. The move is a strategic one for Joy, which is a major player in the worldwide underground mining industry. This move has been made as Montabert’s products and equipment are a good fit for Joy Global’s core business in high productivity mining equipment. The deal will provide Montabert with a strong market in the global mining industry. It also allows Doosan to further focus on capturing all growth opportunities in order to significantly grow the company’s business in Europe, the Middle East and Africa. The existing supply agreements between Montabert and Doosan for all 1130 Bobcat and Doosan branded products will continue. This will also ensure that the existing product support provided for the products to the Bobcat and Doosan dealers will continue.

Maintenance

For more information on companies in this article

Related Content

  • Rammer dealer conference
    July 15, 2016
    The 100 or so participants joined with key figures from Rammer in order to learn about the latest developments in sales and service from the market-leading breaker manufacturer. An awards ceremony was also held to recognise the contributions of key Rammer dealers during 2015.
    Read More
  • Green is good
    July 19, 2023
    Going green is proving good business for Volvo CE.
    Read More
  • Bobcat increases Kuwaiti presence
    July 28, 2015
    Bobcat recently introduced its S450 skid steer loader at an open day run by its Kuwait dealer. Bahrah Trading Company (BTC) is the Authorised Dealer for the Bobcat equipment range in Kuwait and part of the Al-Sayer Group of Companies. The event was held at the Kuwait International Fair Ground at Mishref, where Bobcat loaders, telehandlers, excavators and attachments were demonstrated alongside Doosan Heavy and Doosan Portable Power products for which BTC is also the Authorised Dealer in Kuwait. Bobcat co
    Read More
  • Fayat finalises Dynapac deal and closes acquisition
    October 5, 2017
    Fayat has now completed its acquisition of Dynapac. French firm Fayat has acquired the Road Construction Equipment Division of Atlas Copco, which manufactures rollers for asphalt and soil applications, pavers and planers. These products are known under the Dynapac trade name. The agreement includes sales and services operations in 37 countries, production units in four countries: Sweden, Germany, Brazil and China and a production partnership in India.
    Read More

Highlighted Content