The acquisition is expected to close on April 1, 2019.
Komatsu America Corp. a leading global heavy equipment manufacturer, today announced it has entered into a definitive agreement to acquire TimberPro, Inc. The agreement is still subject to completion of the closing conditions. Established in 2002, TimberPro is a Wisconsin-based manufacturer of purpose-built forest machines and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled harvesters, and felling heads.
Komatsu America Corp explains that acquiring TimberPro will strengthen the company’s position in the full-tree-length market and enables them to offer a highly competitive range of products for professional logging. Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd., the world’s second largest manufacturer and supplier of earth-moving equipment, consisting of construction, mining and compact construction equipment. Komatsu America also serves the forklift and forestry markets. Through its distributor network, Komatsu offers a parts and service program to support its equipment. Komatsu has provided high-quality reliable products for nearly a century. Source