Hitachi Construction Machinery Acquires 12% Stake in Envirosuite

Hitachi Construction Machinery Co., Ltd. has acquired a 12% equity stake in Envirosuite Ltd for AUD 10 million, becoming the largest single shareholder. The investment will be phased, beginning with an 11% stake in September and followed by additional purchases to reach 12%. Integrating Envirosuite’s real-time environmental monitoring and predictive technology with Hitachi’s mining machinery and Wenco’s fleet management systems is expected to drive improvements in ESG and GHG performance for mining operations.

The alliance will facilitate the advancement of Envirosuite’s software solutions and enhance its market presence in the mining industry. By incorporating Envirosuite’s technologies, the collaboration seeks to provide more precise environmental data and support improved operational efficiency.

Eiji Fukunishi, Vice President and Executive Officer of Hitachi Construction Machinery, remarked, “We are excited to invest in Envirosuite, whose commitment to environmental and social responsibility aligns with our vision for a sustainable future. This collaboration will refine our solutions and advance our goals in the mining sector.”.

For more information: https://www.hitachicm.com/global/en/news/press-releases/2024/24-09-02/