Finning and Cat’s Bucyrus deal

3006 Finning International, represented in the UK by Finning UK and Ireland, and 395 Caterpillar have reached an agreement for Finning to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in portions of South America and Western Canada and in the UK.
After closing, Finning expects to begin providing sales, service and support for former Bucyrus mining products in all of Finning’s dealership territories.
The transaction is valued at approximately US$465 million (€365 million).