Komatsu Hanomag was founded in 1835 as the Hannoversche Maschinenbau Actiengesellschaft (Hanover Machine Construction Corporation) (Hanomag) and has been a wholly-owned subsidiary of the global corporation Komatsu since 2002.
At the Hanover site, wheeled loaders and mobile excavators are developed and produced. The workforce in Hanover consists of around 600 employees.
The merger will allow cooperation between the two sites to be optimised, so that the company can respond to customer requests more quickly and with greater flexibility in future.
The company says the move will also strengthen the Komatsu brand in Germany and in Europe.
the management board of the new company is composed of Dr Norbert Walther (Doctor of Engineering),Chair; Taiichiro Kitatani; Göksel Güner, and Takeshi Asanuma.