CNH Industrial N.V.’s Construction Equipment Business to Join the Kobelco Construction Machinery Group
Nov. 09 2026
CNH Industrial N.V.’s Construction Equipment Business to Join the Kobelco Construction Machinery Group
Kobelco Construction Machinery Co., Ltd. ("Kobelco Construction Machinery") today announced that it has agreed to acquire the construction equipment business (the "CNH CE Business") operated by CNH Industrial N.V. and its affiliates (collectively, "CNH"). Kobelco Construction Machinery and CNH (collectively, the "Parties") have entered into a share purchase agreement for the transaction.
As part of the transaction, CNH is expected to transfer the CNH CE Business to a company it has already established (“NewCo”). Kobelco Construction Machinery is then expected to acquire 70% of the shares in NewCo (the “Transaction”).
Completion of the Transaction is subject to obtaining the necessary regulatory clearances under applicable competition laws and satisfying other customary closing conditions.
Following completion of the Transaction, NewCo will become part of the Kobelco Construction Machinery Group, and CNH will remain involved as a minority shareholder. The Parties intend to build a new partnership that draws on their respective strengths.
Overview of CNH Industrial N.V.
| Company name | CNH Industrial N.V. |
|---|---|
| Location | Basildon, Essex, United Kingdom |
| Established | November 23, 2012 |
| Principal activities | Manufacture and sale of agricultural and construction equipment, and provision of related financial services |
*The Transaction covers only the CNH CE Business.
*The information in this release is current as of the date of publication and is subject to change without notice.
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