Hitachi sells controlling share of construction equipment business

Murray Pollok Managing Editor, IRN & Director of Content, KHL

14 January 2022

Hitachi Construction Machinery is under new controlling ownership following Hitachi’s sale of 26% of its holding - valued at $1.6 billion - to Japanese trading company Itochu and private equity firm Japan International Partners.

Hitachi’s stake is now 25.4%, with Itochu and JIP jointly owning a 26% controlling share.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    STAY CONNECTED


    Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

    Sign up

    ERA TCO and CO2 calculators
    ERA TCO Calc
    Calculate the total cost of ownership and CO2 output of construction machinery using the European Rental Association’s online, free-to-use calculators.
    CONNECT WITH THE TEAM
    Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
    Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA