Doosan Bobcat ends takeover discussions with Wacker Neuson

Doosan Bobcat has confirmed it will not continue talks over a potential majority acquisition and public takeover of Wacker Neuson. Image: Doosan Bobcat

Towards the start of December 2025 Wacker Neuson said in a in a press release that, “Doosan Bobcat is considering acquiring shares amounting to approximately 63% of Wacker Neuson’s share capital from major shareholders and launching a public takeover offer in the form of an all-cash offer to all remaining Wacker Neuson shareholders.”

German-based construction equipment manufacturer Wacker Neuson added in December that its Executive Board was in “advanced discussions” with South Korean-based Doosan Bobcat over a public takeover of Wacker Neuson by Doosan Bobcat.

In a short press release issued on January 22 Doosan Bobcat said that it, “remains committed to its 2030 strategy by accelerating innovation, allocating capital to the highest-value opportunities and balancing targeted investments with shareholder returns. The company will share more on its forward outlook in the coming months.”

Wacker Neuson made a separate, similar statement: “Wacker Neuson SE announces that discussions between the company and Doosan Bobcat Inc. regarding a potential acquisition of a majority stake in Wacker Neuson SE, as well as a possible public takeover offer for Wacker Neuson SE, will not be continued.

“The Wacker Neuson Group remains focused on executing its Strategy 2030 pursuing sustainable growth.” 

Both Doosan Bobcat and Wacker Neuson are in the Yellow Table, International Construction’s ranking of the world’s 50 biggest construction OEMs.