South Korean compact-equipment maker Doosan Bobcat is reportedly in "advanced discussions" to acquire a majority stake in Germany-based Wacker Neuson.
The deal under consideration would see Doosan Bobcat purchase approximately 63 percent of Wacker Neuson's shares from major shareholders — followed by a potential public all-cash takeover offer to the remaining shareholders.
Wacker Neuson confirmed the talks in an official regulatory filing, while cautioning that it remains uncertain whether the major shareholders will sell or whether Doosan Bobcat will proceed with the public offer.
The acquisition would significantly expand Doosan Bobcat's presence in Europe, giving it access to Wacker Neuson's longstanding dealer networks and manufacturing footprint across the continent.
Wacker Neuson, founded in 1848 and headquartered in Munich, manufacturers compactors, mini-excavators and wheel loaders to telehandlers and hand-held vibratory tools.
