Bräcke 17th of June 2022
Cranab AB, which have been the owner of Bracke Forest AB since 2013, has reached an agreement with Komatsu Ltd that they will acquire Bracke Forest AB through its subsidiary in Sweden,
Komatsu Forest AB from 2022-07-01, provided that the terms of the agreement are met.
Bracke Forest will continue its operations as before under the current company name.
The management of the company will be the same with Klas-Håkan Ljungberg as CEO.
Bracke Forest maintains its dealer network, suppliers and continues the collaboration with other partners that Bracke Forest has today in e.g. Autoplant project in development and innovation.
Bracke Forest sees a great opportunity in being able to take advantage of the sales and service network that Komatsu has to be able to establish itself more quickly in markets where they not are represented today and also be able to offer better customer service in these markets.
For more information, see also the attached press releases from Komatsu Ltd and Cranab AB.
For further information contact
Klas-Håkan Ljungberg +4669318091
This email address is being protected from spambots. You need JavaScript enabled to view it.
Link to Komatsu
https://www.komatsu.jp/en/newsroom/2022/20220617
Link to Cranab
https://www.mynewsdesk.com/se/cranab-ab/pressreleases/komatsu-forest-acquires-bracke-forest-3189588