Acquiring Company
Itochu Corporation
Acquired Company
Yungtay-Hitachi Construction Machinery Ltd
Description
On October 22, 2026, ITOCHU Corporation announced plans to acquire a 51 percent stake in Yungtay-Hitachi Construction Machinery Co., Ltd., a Taiwanese construction-equipment dealer. The transaction would make Yungtay-Hitachi a consolidated subsidiary of ITOCHU, with Hitachi Construction Machinery retaining 49 percent. The company said the investment would be completed after the necessary procedures.
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When Itochu Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Yungtay-Hitachi Construction Machinery Ltd?
Yungtay-Hitachi Construction Machinery Ltd was acquired by Itochu Corporation, based in Thailand. The deal was reported on October 22, 2026. Itochu Corporation is one of Japan's leading general trading companies, engaged in various sectors including textiles, machinery, information technology, and food. Itochu Corporation is publicly traded (ITOCF) and operates in Financial Services.
When did Itochu Corporation acquire Yungtay-Hitachi Construction Machinery Ltd?
Itochu Corporation's acquisition of Yungtay-Hitachi Construction Machinery Ltd was reported on October 22, 2026. On October 22, 2026, ITOCHU Corporation announced plans to acquire a 51 percent stake in Yungtay-Hitachi Construction Machinery Co., Ltd., a Taiwanese construction-equipment dealer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Yungtay-Hitachi Construction Machinery Ltd do?
Yungtay-Hitachi Construction Machinery is a Taiwanese construction-equipment dealer. Hitachi Construction Machinery currently holds the company and would retain a 49 percent stake after the transaction. It is privately held, operating in Manufacturing, and is based in Taiwan.
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