Caterpillar Global Mining LLC and Hewitt Equipment Ltd. have signed an agreement for Hewitt and its subsidiary, Atlantic Tractors & Equipment Ltd., to acquire Caterpillar’s Bucyrus equipment distribution and support business in Quebec, Western Labrador and the Maritimes. Hewitt Equipment is a Cat dealer.
Caterpillar has announced similar transactions with other Cat dealers over the last few months. The company says it continues to hold discussions with other dealers who have mining activity in their territories, and that it will continue to operate the former Bucyrus distribution business until transitions have been made.
