Blount’s Forestry Division aquired by CAT

November 11th, 2007 by moresnow | Filed under Forestry, M&A.

This aquisition will strengthen CAT’s position in this part of the industry. In the deal CAT will also receive 2 manufacturing facilities, sales office, service office, and a PDC.

Since 2003, Caterpillar and Blount have had an agreement to jointly produce and market products globally under the Caterpillar and former Timberking brands.

More can be found at CAT

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