Bobcat plans merger with Doosan Robotics to boost autonomous machines
Equipment

Bobcat plans merger with Doosan Robotics to boost autonomous machines

Bobcat is advancing its automation efforts through a merger with Doosan Robotics, facilitated by a restructuring of its parent company, Doosan Group. The merger aims to capitalise on the growing robotics industry and the trend towards automation.

Doosan Group announced that Doosan Bobcat, which has grown through consistent expansion, will now venture into the high-growth robotics industry to capture new growth opportunities and accelerate innovation in its traditional products.

Shareholders were informed on July 11 that Doosan Bobcat would spin off from Doosan Enerbility, a clean energy-focused division. As part of the merger, Doosan Robotics will acquire Bobcat's shares in a stock swap. If shareholders approve the merger on September 25, Bobcat will become a wholly owned subsidiary of Doosan Robotics by the end of the year.

The Doosan Group, based in South Korea, is restructuring into three main pillars: "Smart Machine," "Clean Energy," and "Advanced Materials." Bobcat will fall under the "Smart Machine" pillar, focusing on autonomous construction and industrial vehicles. The new Doosan Robotics will represent approximately 42% of the conglomerate.

The restructuring will enable the new Robotics company to expand in key markets, including North America and Europe, leveraging Bobcat's dealer network and financing capabilities. Additionally, Bobcat's facilities will be used for testing and developing robotic products and services.

Bobcat has been a major revenue generator for the group and will provide financial resources for future mergers and acquisitions in areas such as autonomous machines, machine vision, and system integration.

Bobcat is advancing its automation efforts through a merger with Doosan Robotics, facilitated by a restructuring of its parent company, Doosan Group. The merger aims to capitalise on the growing robotics industry and the trend towards automation. Doosan Group announced that Doosan Bobcat, which has grown through consistent expansion, will now venture into the high-growth robotics industry to capture new growth opportunities and accelerate innovation in its traditional products. Shareholders were informed on July 11 that Doosan Bobcat would spin off from Doosan Enerbility, a clean energy-focused division. As part of the merger, Doosan Robotics will acquire Bobcat's shares in a stock swap. If shareholders approve the merger on September 25, Bobcat will become a wholly owned subsidiary of Doosan Robotics by the end of the year. The Doosan Group, based in South Korea, is restructuring into three main pillars: Smart Machine, Clean Energy, and Advanced Materials. Bobcat will fall under the Smart Machine pillar, focusing on autonomous construction and industrial vehicles. The new Doosan Robotics will represent approximately 42% of the conglomerate. The restructuring will enable the new Robotics company to expand in key markets, including North America and Europe, leveraging Bobcat's dealer network and financing capabilities. Additionally, Bobcat's facilities will be used for testing and developing robotic products and services. Bobcat has been a major revenue generator for the group and will provide financial resources for future mergers and acquisitions in areas such as autonomous machines, machine vision, and system integration.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?