Forklifts subsidiary added to Doosan Bobcat

Andy Brown Head of Content, Construction and Engagement

06 July 2021

Doosan Bobcat has announced the acquisition of Doosan Industrial Vehicles (DIV) for KRW 750 billion (US$661 million). DIV makes material handling equipment including forklifts and warehouse equipment.

DIV also offers ‘downstream’ services including forklift rental, used equipment sales and vehicle maintenance services.

Leading the division as CEO is Taeil Kim,…

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