KOBELCO to acquire 70 percent stake in CNH’s Construction Equipment business

CNH Industrial N.V. has entered into a definitive agreement with KOBELCO Construction Machinery Co., Ltd., a wholly owned subsidiary of Kobe Steel, Ltd., to create a new joint venture that will operate CNH's Construction Equipment business (CE JV). KOBELCO will be the majority owner of CE JV, which includes equipment currently sold under the CASE Construction Equipment, New Holland Construction, and Eurocomach brands.

machineryasia machineryasia
Nov 9, 2026 - 19:50
0
KOBELCO to acquire 70 percent stake in CNH’s Construction Equipment business
CNH Industrial N.V. has entered into a definitive agreement with KOBELCO Construction Machinery Co., Ltd., a wholly owned subsidiary of Kobe Steel, Ltd., to create a new joint venture that will operate CNH's Construction Equipment business (CE JV). KOBELCO will be the majority owner of CE JV, which includes equipment currently sold under the CASE Construction Equipment, New Holland Construction, and Eurocomach brands.
Read More