Komatsu to Strengthen Distribution Channel with Purchase of East Coast Distributor, Pine Bush Equipment

More inventory on the shelves and enhanced support and service for customers

Komatsu in action
In an agreement with PBE Group, Komatsu America announced a few days ago that it is has entered into a purchasing agreement to acquire the assets of the PBE group, which includes Pine Bush Equipment Co. Inc. as well as East PBE Inc. As a leading global manufacturer of heavy equipment, Komatsu’s decision is in support of long-term distributor growth and customer satisfaction. The purchase of the assets if subject to a period of due diligence, and the planned closing date for the deal is on April 1, 2018. 

The new entity, to be named later, will assume PBE Group’s trade territory, which ranges from all of Connecticut, excluding Fairfield county, to select counties in southeastern New York state. This includes all Komatsu construction, mining and utility equipment sales and rentals, parts, service and customer support activities.

The Boniface family, who launched the Pine Bush Equipment Company in 1956, will continue with the new operating company, providing continuity and support as Komatsu continues to strengthen the company’s reputation as a trusted equipment partner in the region.
“We’ve said in the past that Komatsu America is committed to excellence in the Northeast region of the U.S. Investments in Midlantic Machinery, Edward Ehrbar, Komatsu Northeast and now Pine Bush, demonstrate the company’s determination to walk our talk. Our goal remains the same: provide the extra support the team in place needs to deliver unrivaled products, services and solutions that exceed customer expectations.”
- Rod Schrader, CEO, Komatsu America
The new unit will support Komatsu’s long-term strategic plans to grow and strengthen the distribution channel. Once the sale is complete, the new entity will be part of a much larger group of premiere distributors, which for customers, will mean more equipment and parts inventory availability, and greater service and support resources. Substantially, all employees, facilities, and customer support infrastructure from PBE Group will be retained. No other transaction terms will be disclosed.
By on
About Ashley Burt
Company profiles
More in Industry News