# Kato Works acquires IHI Construction Machinery: partnership

Canonical ID: `39160572-f064-49b6-9500-57279e3a1247`

Kato Works Co., Ltd. acquired IHI Construction Machinery Limited, transferring all shares including excavator and construction machinery business. The acquisition expanded Kato Works' excavator product line and strengthened its position in the Japanese construction equipment market.

- **Type:** investment
- **Status:** concluded
- **Verification posture:** verified

## Parties (2)

- [Kato Works](https://registry.deploy.report/companies/kato-works.md) investor partner
- [IHI Corporation](https://registry.deploy.report/companies/ihi-corporation.md) other

## Timeline

- **Announced:** 2016-10-25
- **Start:** 2017-05-01

## Sources (1)

1. https://www.ihi.co.jp/en/ir/library/finance_report/_cms_conf01/__icsFiles/afieldfile/2024/06/26/207thTerm_Annual_Securities_Report.pdf


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