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In 2021, Hyundai Heavy Industries Group purchased a 35 percent stake in Doosan Infracore for 850 billion won. [14] [15] However, Doosan Infracore's 51 percent stake in Doosan Bobcat was not included as part of the sale. [16] Hyundai Doosan Infracore changed its brand name to Develon and adopted the new corporate name HD Hyundai Infracore in 2023.
Its European headquarters moved in 2017 from Waterloo, Belgium, to Dobříš, Czech Republic (where Bobcat operates one of its European manufacturing plants). It was a subsidiary of the Ingersoll Rand Company from 1995 until July 2007, when it was sold for US$4.9 billion to South Korean company Doosan Infracore. [2]
On January 1, 2018, Doosan and Doosan Bobcat were separated into independent companies. [6] In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries, which paid approximately $722.45 million for a 30% controlling stake in the company. Doosan Infracore is planned to become a subsidiary of the newly created Hyundai Genuine group. [7]
In May 2022, Doosan Robotics America, a U.S. corporation, was established in Plano, Texas. [6]In May 2024, a European branch was established in Düsseldorf, Germany, and a service center was built in Heerhugowaard, the Netherlands, to provide after-sales service such as installation and recovery of cobots and replacement of parts.
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In 2007, Ingersoll Rand sold Clark Equipment Company to Doosan International of South Korea. The sale included the Construction Equipment Group of Ingersoll Rand. [14] In July 2021, Doosan Infracore was acquired by Hyundai Heavy Industries, which paid approximately $722.45 million for a 30%, controlling stake in the company. Doosan Infracore ...
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Electro-Materials : Doosan Corporation Electronics is a producer of copper clad laminates, ... This page was last edited on 26 January 2025, at 06:00 (UTC).