Komatsu America Corp. has announced it has entered into a definitive agreement to acquire TimberPro Inc. The acquisition is expected to close on April 1, subject to completion of the closing conditions. Terms were not disclosed.
Established in 2002, TimberPro is a Shawano, Wis.-based manufacturer of purpose-built forest machines and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled harvesters, and felling heads.
“Acquiring TimberPro will strengthen the company’s position in the full-tree-length market and enables us to offer a highly competitive range of products for professional logging,” said Rod Schrader, CEO, Komatsu America Corp.