Finance
Germany's Wacker Neuson says acquisition talks will stop with Doosan Bobcat
Published by Global Banking and Finance Review
Posted on January 23, 2026
1 min readLast updated: January 23, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 23, 2026
1 min readLast updated: January 23, 2026
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.
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