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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 1969, Melroe Manufacturing Company was purchased by Clark Equipment Company which was then purchased by Ingersoll-Rand in 1995. In 2007, Ingersoll-Rand sold Clark Equipment Company to the Doosan Group of South Korea, along with the rest of its construction equipment group for US$4.9 billion. The Clark Equipment Company now does business as ...
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.
Industrial Vehicle : Doosan Corporation Industrial Vehicle is a manufacturer of global logistics equipment, as well as engine-type forklifts and electronic forklifts. Mottrol : Doosan Corporation Mottrol was the first company in Korea to advance into the hydraulic industry.
Komatsu Ltd. (株式会社小松製作所, Kabushiki-gaisha Komatsu Seisakusho) or Komatsu (コマツ) (TYO: 6301) is a Japanese multinational corporation that manufactures construction, mining, forestry and military equipment, as well as diesel engines and industrial equipment like press machines, lasers and thermoelectric generators.
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 will become a subsidiary of the newly created Hyundai Genuine group. [15]