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 to merge construction equipment divisions | Pit & Quarry

Kim HD Hyundai plans to merge its construction equipment divisions at the start of 2026 and create a new company tentatively called HD Construction Equipment.The merger will combine HD Hyundai Infracore and HD Hyundai Construction Equipment, with the Develon and Hyundai brands continuing to coexist. The brand and dealer network structure for Develon and Hyundai will remain in place in 2026, Develon says.“While this merger creates a more powerful…

HD Hyundai to merge construction equipment divisions

HD Hyundai, based in Seoul, South Korea, plans to merge its construction equipment divisions to create a new company, tentatively named HD Construction Equipment, effective Jan. 1, 2026. The merger will unite HD Hyundai Infracore and HD Hyundai Construction Equipment. Both the Hyundai and DEVELON brands will continue to operate alongside each other. Currently, the two companies function independently in North America through distinct dealer netw…

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.