Hitachi - Wenco

July 2009
Buyer

Japan

Seller

Canada

About the transaction

Wenco International Mining Systems uses the latest GPS, wireless broadband communication, computer technology, and software applications to provide proven and sustainable benefits to the mining industry. Hitachi Construction Machinery Co., Ltd. (HCM) and its consolidated subsidiaries (the HCM Group) use extensive experience and advanced technological capabilities to develop and manufacture a wide range of leading-edge construction machinery. HCM acquired a significant interest in Wenco in a strategic transaction as part of the expansion of its mining business, particularly in resource rich regions of the world. The transaction further expands HCM’s solutions for the mining industry and also will provide new relationships and resources to increase Wenco’s ability to serve the mining industry.

With industrious effort, professionalism and skill, Corum navigated our company sale to a successful cross-border transaction between Canada and Japan. The result could not be better.

Phil Walshe
Phil Walshe
President & CEO, Wenco