GMMCO to purchase part of the Expanded Cat Mining Distribution Business from Caterpillar
GMMCO and Caterpillar have announced that GMMCO has acquired from Caterpillar Global Mining LLC, the expanded CAT mining product line distribution and support business for its territories. GMMCO is the authorised Caterpillar dealer in West, Central and Southern India.
“As one of the major mining equipment players in India, we at GMMCO are delighted to take over the expanded mining product business,” said H Jayaram, MD and CEO, GMMCO. “Our long experience and capability developed in the mining equipment business coupled with the expanded range of mining products from Caterpillar will help us offer complete solutions to all the mining customers in our territory, and we are confident of making GMMCO-Caterpillar ‘Numero-uno’ in mining in India. This is yet another milestone with the GMMCO-Caterpillar relationship, which will make it stronger and vibrant.”
“We are confident that the experts at GMMCO will continue to be the partner that Caterpillar mining customers both above and below ground want to work with — now more than ever with the expanded line of mining equipment,” said Steve Wunning, Group President – Resource Industries, Caterpillar Inc.
GMMCO joins other CAT dealers around the world who are selling, servicing and providing world-class support for the expanded CAT mining product line, which includes draglines, unit rig mining trucks, room and pillar and longwall equipment, electric rope and hydraulic shovels, highwall miners, drills, belt systems and various lines of other equipment.
Caterpillar has announced similar transactions with other dealers over the last several months. Caterpillar continues to hold discussions with other CAT dealers who have mining activities in their territories and will continue to operate the former Bucyrus distribution business until the transitions have occurred in a given territory.
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