The preparatory committee established today by the two companies will take the lead in discussions toward the establishment of a new company in
Kawasaki has been developing the TBM business in
Kawasaki, with technical strengths in models suitable for ultra-large diameter, high water pressure, rock and long-distance excavation, has delivered more than 1,400 units in
In anticipation of the future market environment, the two companies have been discussing collaboration based on the 'spirit of equality' in order to develop TBM business and strengthen its competitiveness.
As a result, the two companies have reached a basic agreement to consider establishing a new company that can create new value and meet the needs of a wide range of customers by utilizing and strengthening the advantages of both companies' sales and technological capabilities, a wide variety of product lineups, and supply chains.
The new company will complement and strengthen the resources owned by both companies, and will carry out sales and engineering operations. Furthermore, by leveraging the synergies in the sales and technical fields created by the integration, the new company will expand its business in
Outline of the basic agreement
Location of the new company Head office in the
Establishment date
Ownership
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