Develon And Hyundai Construction Equipment To Merge

The global construction equipment industry is experiencing a major shake-up. HD Hyundai, the parent company of both Hyundai Construction Equipment and Develon (formerly Doosan Infracore), has announced plans to combine these two powerhouse brands into a single entity, tentatively dubbed HD Construction Equipment. 

This transition is not easy for Hyundai, as it wants to become the world’s leading construction equipment manufacturer by 2030. It also aims to get $11 billion in revenue to reach the top.

The two giants are leading one vision

This collaboration or merger is going to be the big news for the industry, as both companies are still known in the market for making the heavy equipment. 

Once completed, both brands will continue to operate under their respective names, but within a single, consolidated corporate framework. Customers and dealers will continue to recognize and interact with the Develon and Hyundai brands, but the companies behind them will operate as a unified organization under HD Construction Equipment.

The merger is set to close on January 1, 2026, pending shareholder and regulatory approval. A shareholder meeting has already been scheduled for September 16, 2025, during which HD Hyundai Infracore investors will receive 0.162 shares of HD Hyundai Construction Equipment for each share they currently own.

After completion, the surviving legal entity, HD Hyundai Construction Equipment, will be renamed HD Construction Equipment. This will further bring the news into the highlight, as people might get confused by the new name until they know the backstory of this merging. 

Although the decision by both companies is gaining appreciation, things will be clearer when it comes to the real market. Everyone hopes for the best.

Is this merger really important?

Now the question arises, why is this merger important and taking the internet by storm? The answer is simple: when two giants decide to merge, it becomes hard to digest as both companies will not be on the competitors list anymore.

Both will be working as a partner, and that partnership might be stronger and more challenging for other companies in the market.

Hyundai is not simply rebranding or streamlining for administrative purposes. The company is focusing on long-term competitiveness and technological advancement in an increasingly complex and crowded global market of heavy construction equipment.

According to the company’s official statement, the merger is designed to increase organizational agility, improve cost efficiency, and boost investment in future-ready technologies such as electrified and smart construction equipment.

In addition to focusing on full-size machines, HD Construction Equipment intends to significantly expand its compact equipment lineup. 

The combined entity will also prioritize expanding aftermarket parts, services, and in-house engine production, an approach aimed at diversifying revenue streams beyond machinery sales.

As the previous equipment models of both companies are still going to be present in the market for sale, you can always contact MY Equipment for the used equipment from all the leading brands. We are based in Houston, Texas, and are one of the best used equipment dealerships in town. Contact us now and get your preferred equipment without breaking your account.

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