Hyundai ‘to grow Doosan Infracore’

Mike Hayes Consultant Editor, Construction Europe / KHL Content Studio

11 February 2021

Hyundai Heavy Industries has confirmed its takeover of Doosan Infracore for KRW850 billion (€635 million).

With its consortium partner, KDB Investment, Hyundai signed the formal contract to acquire a 34.97% share in the company on 5 February, giving it management control of the company.

Log in to continue reading

Log in for free access to this article and more, including:

  • Industry news and expert insight
  • Digital magazines and reports
  • Newsletters covering the topics that matter to you

    • If you haven’t completed your free registration yet, we’ll ask you for a few details before returning you to the article.

    Login
    CONNECT WITH THE TEAM
    Neel Madsen
    Neel Madsen Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
    Peter Collinson VP Sales Tel: +44 (0) 1892 786220 E-mail: [email protected]
    CONNECT WITH SOCIAL MEDIA