Wacker Neuson confirmed a potential Bobcat takeover in December 2025.
Moon Jae-young will serve as the first president of the new company.
The transaction represents a transformative step for both companies.
The Kenya assembly facility will serve as LiuGong's East Africa hub.
The 10 largest construction equipment manufacturers in the world.
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Sany hopes to sell 650 dump trucks and 200 concrete machines locally in three years.