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Itochu to Acquire 51% Stake in Taiwan's Yungtay-Hitachi Construction Machinery
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Itochu to Acquire 51% Stake in Taiwan's Yungtay-Hitachi Construction Machinery
  • Itochu will acquire a 51% stake in Taiwanese dealer Yungtay-Hitachi Construction Machinery from Hitachi Yungtay Elevator.
  • The dealer will become a consolidated subsidiary. Hitachi Construction Machinery will retain the remaining 49% stake.
  • The acquisition marks the buyer’s first dealership investment since forming a capital alliance with Hitachi Construction Machinery in 2022.
  • The deal expands the partnership into customer-facing sales and services, following the establishment of a North American machinery finance business in 2023.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Itochu Corporation published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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