Key facts
- Itochu to acquire 51% of Hitachi Construction Machinery's Taiwan sales unit, Etsu Construction Machinery.
Japanese trading house Itochu will acquire a Taiwan-based sales subsidiary of Hitachi Construction Machinery by the end of 2026. The deal aims to capitalize on strong demand for semiconductor facilities in Taiwan.

The acquisition allows Itochu to tap into Taiwan's booming semiconductor industry infrastructure development, potentially boosting its construction machinery sales and related services.
Japanese trading house Itochu is set to acquire Etsu Construction Machinery, a Taiwan-based sales subsidiary of Hitachi Construction Machinery, by the end of 2026. The move is driven by the robust demand for construction machinery in Taiwan, particularly for semiconductor-related facilities. Itochu will acquire a 51% stake in the subsidiary for several billion yen. Etsu Construction Machinery, headquartered in Taoyuan City with four bases across Taiwan, will offer integrated services including sales, maintenance, and rentals. Separately, Hitachi Construction Machinery Co., Ltd. completed an additional stake purchase in HCJ Holdings Co., Ltd. on February 19, 2026.
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