Hitachi reduces holding in Hitachi Construction Machinery after Landcros rebrand announcement

Hitachi Construction Machinery – set to be rebranded as Landcros from 1 April 2027 – has moved further towards independence from Hitachi Global after a change in the capital relationship between the two companies.

The rebranding of Hitachi Construction Machinery to Landcros, announced last week, already signalled that the construction machinery business was set to become more independent from the Japanese conglomerate.

Following that news, Hitachi Ltd announced on 4 November a partial transfer of its shares in Hitachi Construction Machinery Co (HCM) that…

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