Mergers & AcquisitionsMedium•9 November 2026•
1 min read
CNH to Sell 70% Stake in Construction Business to Kobelco for Joint Venture
Key Facts
1CNH announced an agreement to sell a 70% interest in its construction equipment business to Kobelco Construction Machinery.
2The deal aims to transition CNH's construction equipment segment into a joint venture with the Japanese partner.
CNH announced an agreement to sell a 70% interest in its construction equipment business to Kobelco Construction Machinery. GlobeNewswire reported that the deal aims to transition CNH's construction equipment segment into a joint venture with the Japanese partner.
The move represents a strategic restructuring of CNH's portfolio as the company focuses on core agricultural operations while maintaining a presence in construction via the new joint venture. The transaction remains subject to regulatory approvals and the internal reorganization required to separate the construction business.