Construction M&A » By The Online Investor Staff, updated Wed., May. 1, 8:25 PM
Recent mergers and acquisitions in the Construction M&A category.
Slide #64. Caterpillar Inc. — Johan Walter Berg AB
Acquirer: |
Caterpillar Inc. (NYSE:CAT) |
Acquiree: |
Johan Walter Berg AB |
Details: |
Caterpillar Inc. (NYSE: CAT) has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships. With the acquisition, Caterpillar will transition from selling only engines and generators to providing complete marine propulsion package systems. |
Caterpillar is a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Co.'s Construction Industries segment supports customers using machinery in infrastructure, forestry and building construction. Co.'s Resource Industries segment supports customers using machinery in mining and heavy construction and quarry and aggregates. Co.'s Energy and Transportation segment supports customers in oil and gas, power generation, marine, rail and industrial applications, including Co.'s machines. Co. also provides financing and related services through its Financial Products segment.
Caterpillar SEC Filing Email Alerts Service
Open the CAT Page at The Online Investor »
Company Name: |
Caterpillar Inc. |
Stock buyback: |
CAT buyback |
Website: |
www.caterpillar.com |
Sector: |
Construction |
Number of ETFs Holding CAT: |
124 |
Total Market Value Held by ETFs: |
$23.03B |
Total Market Capitalization: |
$174.68B |
% of Market Cap. Held by ETFs: |
13.19% |
|
Open the CAT Page at The Online Investor (in a new window) »
|
May 1, 2024 8:25 PM Eastern
Hold (2.45 out of 4)
3rd percentile
|
|