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.

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