Doosan has acquired businesses engaged in the manufacture and sale of compact equipment, general-purpose light construction equipment and attachments. In calendar 2006, the combined businesses produced revenues of $2.6 billion, suggesting the deal has been transacted at a sales multiple of 1.9 times. Profit numbers for the divisions were not disclosed.
As part of the sale, Doosan will acquire Ingersoll RandÆs manufacturing facilities in the US states of North Dakota, Georgia, Minnesota and Virginia, as well as facilities in China, the Czech...
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