Plant Equipment and Hire November 2017 | Page 11

Doosan Bobcat and Doosan Infracore have announced their intention to transfer the Doosan Heavy business from Doosan Bobcat to Doosan Infracore. Both parties are pursuing this transfer process, effective 1 January 2018, to allow each organisation to concentrate fully on strengthening their core competencies. Doosan Bobcat EMEA has in the past integrated the sales/distribution businesses of its Compact and Heavy Construction Equipment under a single umbrella in an attempt to maximise synergy effects across both businesses. As a result, Doosan Bobcat EMEA has achieved a significant improvement within the EMEA region. As both the compact and heavy construction equipment industries are growing quickly, Doosan Bobcat EMEA firmly believes that it can further expand its market presence and share in the EMEA region through this business transfer, fully focusing on its compact equipment business in the region. This decision will also enable Doosan Infracore to enhance the core competencies of the Heavy business by leveraging its functional expertise and taking full responsibility for the entire value chain from sales and product development to production under a single global leadership. “The main purpose of this change is to further strengthen our focus on core businesses under a globally integrated management team, for both Doosan Infracore and Doosan Bobcat,” commented Alvaro Pacini, president of Doosan Bobcat EMEA. “The Doosan Bobcat EMEA team will continue to give dedicated focus and expertise on Bobcat products and support for dealers Doosan Doosan Bobcat and Doosan Infracore to consolidate heavy equipment business Doosan Bobcat and Doosan Infracore have announced their intention to transfer the Doosan Heavy business from Doosan Bobcat to Doosan Infracore, effective 1 January 2018. and customers. This organisational change clearly demonstrates our commitment to the long-term success of our company as well as our valued partners. There are no changes or impact on the Bobcat, Geith, or Doosan Portable Power businesses.” NOVEMBER 2017 9