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Komatsu to acquire TimberPro

Komatsu America has entered into a definitive agreement to acquire TimberPro. The acquisition is expected to close on 1 April 2019, subject to completion of the closing conditions. Source: Timberbiz

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.

“Acquiring TimberPro will strengthen the company’s position in the full-tree-length market and enables us to offer a highly competitive range of products for professional logging,” Rod Schrader, CEO, Komatsu America said.

Komatsu America is a US 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.