Does Doosan own Bobcat?
No, Doosan does not own Hyundai; in fact, the reverse acquisition occurred in the construction equipment sector. Doosan Infracore, a major construction equipment manufacturer, was acquired by HD Hyundai (formerly Hyundai Heavy Industries Group) in 2021. Following this acquisition, the equipment previously associated with Doosan's construction division has been rebranded under the name Develon.
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