Komatsu Ltd. (TSE : 6301) completed the acquisition of Mine Site Technologies Pty Limited.
July 28, 2022
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Komatsu Ltd. (TSE : 6301) entered into an agreement to acquire Mine Site Technologies Pty Limited on June 15, 2022. The transaction is expected to complete on July 1, 2022. Lazard Ltd (NYSE:LAZ) acted as financial advisor to Komatsu Ltd. in the transaction. David Josselsohn, Simon Goedhals, James Soussa, Harry Waite, Lucy Savona, Charles Coorey, Daniel MacPherson, Muhunthan Kanagaratnam, Lisa Lennon, Andrew Hii, James Pomeroy and Jo Bayes of Gilbert and Tobin acted as legal advisor to Komatsu.
Komatsu Ltd. (TSE : 6301) completed the acquisition of Mine Site Technologies Pty Limited on July 29, 2022.
Komatsu Ltd. specializes in manufacturing and marketing of construction and mining operating materials. Net sales break down by family of products as follows:
- construction and mining operating materials (91.3%): hydraulic excavators, backhoe loaders, wheel loaders, graders, crawler excavators, forklifts, tunneling, bulldozers, forest tractors, etc.;
- other (6.6%): primarily industrial machines (grinders, press brakes, temperature control equipments, etc.).
The remaining sales (2.1%) are from financing activities.
Net sales are distributed geographically as follows: Japan (13.9%), China (4.7%), Asia and Oceania (21.4%), Americas (37.5%), Europe and CIS (15.7%), Africa and Middle East (6.8%).
KOMATSU LTD. 
