Posts Tagged ‘ Bucyrus ’

Finning to acquire portion of Bucyrus distribution business from Caterpillar

January 19, 2012
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Finning to acquire portion of Bucyrus distribution business from Caterpillar

Acquisition positions Finning to provide broad and unmatched support to mining customers

Finning International Inc. has announced the companies have reached an agreement for Finning to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in portions of South America and Western Canada and in the U.K. After closing, Finning expects...
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International: Caterpillar acquires Bucyrus to increase domination on construction and mining sectors

December 4, 2010
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International:  Caterpillar acquires Bucyrus to increase domination on construction and mining sectors

Caterpillar Inc. and Bucyrus International, Inc. have announced that they have entered into an agreement under which Caterpillar will acquire Bucyrus International in a transaction valued at approximately $8.6 billion (including net debt).

This acquisition significantly increases Caterpillar's domination as a supplier to the building, construction, demolition, quarrying and mining sectors. Historically,...
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