Longreach to buy Hitachi Via Mechanics

Private equity firm Longreach Group said on Wednesday it has bought a subsidiary from Japanese conglomerate Hitachi, something other funds have been trying to do for years.
August 22, 2013

The Longreach Group said on Wednesday it is buying a unit of Hitachi and will help the precision drilling company expand in Asia.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media