Komatsu, one of the world's largest manufacturers of construction equipment, recently completed its acquisition of Volvo Construction Equipment (CE). This acquisition makes Komatsu one of the largest excavator manufacturers globally and strengthens their presence in the European market. Komatsu states that this acquisition will allow them to expand their product portfolio, including diesel and electric excavators, tunneling machines, wheel loaders, motor graders, and bulldozers, among others, providing more choices for customers and expanding their influence in the European market.

Komatsu's growth strategy mainly involves developing intelligent and service-oriented solutions to enhance customer productivity and profitability. They will also continue to increase research and development investment, improve product quality and performance, and maintain their industry-leading position.