MST Global sold to Komatsu
Tokyo-based Komatsu has been advised on its acquisition of a digital technology company to add to its digital strategy.
Firm: Gilbert + Tobin (Komatsu)
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Deal: Gilbert + Tobin has advised Komatsu on its acquisition of technology communications equipment company Mine Site Technologies Global (MST Global) from Odyssey Private Equity.
Value: Undisclosed
Area: Merger and acquisition
Key players: Corporate advisory partner David Josselsohn led the G+T team, together with consultant Simon Goedhals, lawyers James Soussa and Taylor Jones, and graduates Harry Waite and Lucy Savona. The team were supported by partners Charles Coorey, Daniel MacPherson, Muhunthan Kanagaratnam, Lisa Lennon, Andrew Hii as well as special counsel James Pomeroy and Jo Bayes.
Deal significance: Komatsu is a global manufacturer and distributor of earthmoving and mining equipment headquartered in Tokyo, Japan. MST Global is a company operating in the digital technology space, used in the underground mining sector and has helped build digital ecosystems with real-time insights.
Commenting on the deal, the firm said: “We are pleased to have advised Komatsu on this strategically important transaction, working closely with their Japanese legal advisers, Nagashima Ohno and Tsunematsu, to deliver a successful outcome which will add to Komatsu’s digital strategy.”