Komatsu is planning to close the acquisition on 1 July 2022 on the condition that all necessary procedures for closing are completed. The impact on Komatsu’s consolidated business results is estimated to be minimal.
Tree planting is expected to expand worldwide for lumber production and environmental concerns, such as the promotion of carbon neutrality. At the same time, the need for mechanization is growing, especially because tree planting is labour-intensive work, with an increase in planting in remote areas, and a decrease in the workforce.
With extensive know-how of silviculture over the years, Bracke develops, manufactures, and sells application-specific attachments for use in silviculture processes. Since 2014, Bracke and Komatsu have engaged in joint development by sharing respective technologies and experience accumulated over the years, respectively in forest and construction machines.
Komatsu will continue to incorporate Bracke’s technologies and expertise in the field of planting in order to accelerate its pace of mechanization of all processes other than harvesting and forwarding, which have already been mechanized. Komatsu will work to generate synergy for smart forestry and provide higher value-added products in order to enhance the safety and productivity of customers’ jobsite operations and make carbon-neutral contributions.
Source: Komatsu, Bracke
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