December 12, 2019
Kobelco Construction Machinery Co., Ltd.
Kobelco Construction Machinery Co., Ltd. (or KCM), of Tokyo, Japan and Australian Crane & Machinery Pty., Ltd. (or ACM), of Melbourne in Australia have mutually agreed to terminate their dealership agreement covering KOBELCO-branded cranes in the Oceania region as of December 31, 2019. At this time, KOBELCO is preparing to appoint a new dealer in the Oceania region whom we will introduce in the near future.
In the meantime, until we officially appoint a new dealer, KOBELCO and ACM will cooperate with each other through the next several weeks to continue to provide KOBELCO customers with the high level of technical support and parts supply that our end users expect, and to minimize any disruptions for owners of KOBELCO cranes. From February 1, 2020, we expect to have our new sales and product support dealer on-board and serving KOBELCO crane users throughout the Oceania region.
Finally, we, KOBELCO renew our commitment to develop and supply even better products to the marketplace, and provide a product support system that exceeds the expectations of KOBELCO crane owners in the Oceania region.
We appreciate the kind understanding of our valued KOBELCO customers during this brief transition period.
*The information contained herein is as of the date this announcement was made and it may be changed without prior notice.