HD Hyundai Merging Construction Equipment Divisions - On-Site Magazine

HD Hyundai merging construction equipment divisions - On-Site Magazine

(Photo courtesy of Develon) HD Hyundai has announced plans to merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment. With a planned effective date of January 1, 2026, the merger by the South Korean company will combine HD Hyundai Infracore (Develon) and HD Hyundai Construction Equipment. According to a release from Develon, the Hyundai and Develon brands will continue to coexist and, with…

HD Hyundai merge construction entities for global expansion - Water Magazine

HD Hyundai Construction Equipment and HD Hyundai Infracore will merge to form a new entity named HD Construction Equipment with a consolidated revenue set at KRW 8 trillion (£4.5bn). The decision to merge was made during separate board meetings held by both companies on 1st July. An extraordinary shareholders’ meeting will follow which is scheduled for 16th September, along with necessary regulatory reviews. The merger aims to enhance agility in…

HD Hyundai Merge Construction Equipment Divisions

HD Hyundai Infracore and HD Hyundai Construction Equipment merge, tentatively to be named HD Construction Equipment. DEVELON and Hyundai brands and dealer networks will continue operating independently in North America.

Develon and Hyundai CE to merge under new name

HD Hyundai will merge its construction equipment divisions to create a new company, tentatively called HD Construction Equipment. Effective Jan. 1, 2026, HD Hyundai Infracore (Develon) and HD Hyundai Construction Equipment will combine to create a new company. The Hyundai … The post Develon and Hyundai CE to merge under new name appeared first on Equipment Journal.

HD Hyundai Merges Construction Equipment Divisions - Canadian Rental Service

SUWANEE, GA. – HD Hyundai, headquartered in Seoul, South Korea, will merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026. The South Korean company will merge its two construction equipment divisions: HD Hyundai Infracore and HD Hyundai Construction Equipment. The new, unified company will be named HD Construction Equipment. Develon and Hyundai brands and dealer …

HD Hyundai merge construction entities for global expansion

HD Hyundai Construction Equipment and HD Hyundai Infracore will merge to form a new entity named HD Construction Equipment with a consolidated revenue set at KRW 8 trillion (USD 6.15 billion).