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Kobelco has announced further mergers of its Crane and Construction businesses, with the latest involving its used crane business in Japan and manufacturing and distribution operations in India.
As with the previous consolidations the company says: that it is in order “to maximise the effects of the consolidation with Kobelco Cranes, such as the improvement of management efficiency, strengthening of product development capabilities, and enhancement of global expansion.”
In Japan the company is merging its used equipment operations - Kobelco Construction Machinery International Trading and Kobelco Cranes Trading, with the crane business being taken over by the construction machinery company.
In India the company is merging its two subsidiaries Kobelco Construction Equipment India and Kobelco Cranes India, both of which are responsible for manufacturing, selling and supporting their respective product lines. Essentially the crane business will close, with the Construction operation taking over its activities.
The latest moves follow the previously announced plan to merge the crane and exactor businesses, which were originally separated in 2004.
Credits :- vertikal
