Bobcat Eyes European Growth with Wacker Neuson Acquisition

Doosan Bobcat is set to make one of its largest acquisitions in recent history, targeting Munich-based Wacker Neuson SE. Bobcat plans to acquire roughly 63% of Wacker Neuson shares from key stakeholders before launching a cash tender offer for remaining shareholders. Analysts estimate the deal could exceed $3.4 billion, marking Bobcat’s biggest move since its 2007 acquisition for $4.9 billion.

The merger aims to accelerate Bobcat’s European expansion. While Bobcat dominates North America, its presence in Europe remains limited. Wacker Neuson, strong in Germany, Austria, and Northern Europe, provides an ideal platform, with expertise in compact construction machines, electric-powered mini-excavators, and municipal equipment.

The combined portfolio could reshape the European compact equipment market, enhancing electrification, digital fleet management, and dealer network reach. Analysts also highlight opportunities in post-war Ukraine reconstruction and public infrastructure projects.

Bobcat executives stress that negotiations are ongoing, with no final decisions yet. If completed, the acquisition would position Bobcat-Wacker Neuson as a leading force in Europe…..