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Article: Software M&A Specialist Corum Group Leads Sale of Wenco Shares to Hitachi.
- Article from:
- PRWeb
- Article date:
- July 14, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bellevue, Washington, Jul 14, 2009 (PRWeb.com via COMTEX) -- Corum Group Ltd. (http://www.corumgroup.com) today announced the acquisition of shares in its client, Wenco International Mining Systems, Ltd. ("Wenco"), by Hitachi Construction Machinery Co., Ltd. (Tokyo Stock Exchange, First Section)("HCM"). HCM acquired a significant interest in Wenco in a strategic transaction as part of the expansion of its mining business, particularly in resource rich regions of the world.
"Wenco is a leading global vendor of mine management solutions; their software business fits extremely well with Hitachi's mining equipment product line," said Mark Reed ...
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