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Article: Doosan Infracore completes acquisition of bobcat, Utility Equipment and Attachments business from Ingersoll Rand.(INDUSTRY NEWS)
- Article from:
- Arbor Age
- Article date:
- January 1, 2008
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Doosan Infracore announced that it has completed the acquisition of the Bobcat, Utility Equipment and Attachments businesses from Ingersoll Rand Company, Ltd. (NYSE: IR).
Doosan said that the three entities will operate as individual businesses of Doosan Infracore International, a U.S.-based subsidiary of Doosan Infracore, and will be known as Bobcat, Doosan Infracore Portable Power (formerly Ingersoll Rand Utility Equipment), and DII Attachments (formerly Ingersoll Rand Attachments).
"With the completion of this transaction, Doosan is extremely well positioned to become a true global leader in the construction equipment sector," said Yongmaan Park, vice ...
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