Hitachi Construction Machinery

Hitachi Construction Machinery is a global manufacturer specializing in construction and mining equipment, with a workforce of approximately 25,000 employees. The company produces a range of machinery, including hydraulic excavators, wheel loaders, rigid dump trucks, and compaction equipment. Established in 1970, its roots trace back to 1949 when it introduced Japan's first mechanical excavator. Hitachi Construction Machinery also offers related services such as parts supply and equipment rentals. The company emphasizes environmentally friendly practices and sustainability in its operations, reflecting its commitment to supporting both the planet and society. In recent developments, Hitachi reduced its ownership stake in the company, now holding a 25.4% share through a joint venture with Itochu and Japan Industrial Partners.

Michijiro Kikawa

President and Board Member

3 past transactions

Baraja

Series B in 2021
Baraja is a manufacturer of advanced 3D machine vision systems, specializing in innovative LiDAR technology designed for autonomous vehicles. The company has developed a unique LiDAR solution known as Spectrum-Scan, which utilizes a wavelength-tunable laser and prism-like optics connected through robust optical fiber. This design allows for instantaneous scanning across various angles, enhancing the detail and adaptability required for self-driving cars. Based in Sydney, Australia, Baraja is rapidly expanding its operations with offices in China and the USA, and is actively collaborating with car manufacturers to refine its technology. The company is focused on addressing the challenges in the self-driving market and is currently hiring talent across Europe and Asia to support its growth.

H-E Parts International

Acquisition in 2016
H-E Parts International is an independent supplier specializing in parts and remanufactured components for the global mining, quarrying, heavy construction, materials processing, and energy sectors. The company provides a wide range of products designed to support surface mining equipment fleets, crushing and materials processing operations, as well as mobile construction equipment. By focusing on these critical industries, H-E Parts International aims to deliver reliable solutions that enhance operational efficiency and productivity.

Bradken

Acquisition in 2016
Bradken is an Australian manufacturer specializing in steel consumables and capital equipment, providing maintenance services for various industries including mining, mineral processing, industrial, and rail sectors. The company produces a range of cast and fabricated iron and steel products, specifically designed for the mining and resources sector, as well as rail, energy, and defense markets. Its offerings include ground engagement tools, wear solutions for fixed plants and crawlers, transport solutions, mill liners, spare parts, and rail trucks. By utilizing advanced techniques in product development, Bradken aids clients in optimizing their manufacturing facilities, ensuring efficiency and reliability in their operations.
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