Bucyrus Sales and Support Barloworld acquires Bucyrus Sales and Support Businesses from Caterpillar
Barloworld Equipment has reached agreement with Caterpillar Global Mining to acquire the Bucyrus sales and support businesses in South Africa and Botswana. Project teams from Caterpillar, Eqstra and Barloworld Equipment are working together to prepare for the transition.
Isando, South Africa – In addition, Caterpillar has assigned to Barloworld Equipment its agreements with Eqstra for the purchase of Eqstra’s Bucyrus mining services businesses in South Africa and Botswana. Project teams from Caterpillar, Eqstra and Barloworld Equipment are working together to prepare for the transition and ensure a seamless transfer to Barloworld Equipment. This transaction follows Caterpillar’s acquisition of Bucyrus International in 2011 for approx. USD 8.8 billion. As part of Caterpillar’s post-acquisition integration of the Bucyrus business, all legacy Bucyrus products are now or will in the future be Cat branded.
At the time of the Bucyrus acquisition, Caterpillar announced that it planned to transition the Bucyrus OEM sales and distribution activities to Caterpillar dealers. Barloworld Equipment, which celebrates its 85th year as a Cat dealer in 2012, is the fifth dealer worldwide that has concluded this process. The sales and support facilities formerly occupied by Bucyrus in southern Africa will be transferred to Barloworld Equipment and the businesses will continue to be run from these premises under the Barloworld Equipment banner. The Eqstra mining team currently based in Pomona will remain there initially after closure, but will relocate to suitable premises in due course.