Published by Global Banking & Finance Review®
Posted on January 23, 2026
1 min readLast updated: January 23, 2026
Add as preferred source on Google
Wacker Neuson has ended acquisition talks with Doosan Bobcat, focusing instead on sustainable growth. The decision was mutual, with no further details provided.
Jan 22 (Reuters) - Wacker Neuson said on Thursday that talks will not continue with South Korea's Doosan Bobcat to buy a majority stake in the German construction equipment maker.
The German company had said last month that it was in "advanced discussions" with Doosan Bobcat over an acquisition of around 63% of its shares from major shareholders and a launch of a public all-cash takeover offer to remaining shareholders.
The Wacker Neuson Group remains focused on its strategy to pursue sustainable growth, the company said in a statement on Thursday.
Doosan Bobcat said in a company filing that it had reviewed the acquisition of Wacker Neuson, but decided not to proceed. It did not elaborate on the reason for not moving forward.
Doosan Bobcat is a unit of Korean conglomerate Doosan.
(Reporting by Hyunsu Yim in Barcelona and additional reporting by Heejin Kim in Seoul; Editing by Chris Reese, Sahal Muhammed and Ed Davies)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
Corporate strategy refers to the overall plan for a company to achieve its goals and objectives, including decisions about acquisitions, resource allocation, and market positioning.
Explore more articles in the Finance category
