Hi Tampa 2 the KION uncarrier deal was practically a done deal but then the Japanese government probably got involved to save face and jobs. Like has been pointed out KION is now seen as a Chinese company and for a Chinese company to buy a Japanese company was nether going to happen. Mitsubshi now have the problem that the Nissan TCM merger caused in the creation of Unicarrier. If this deal had worked then Unicarrier clearly would not have been for sale but this has other sly not worked and the Japanese are looking for a way out. Unicarrier losing the Nissan name was a big blow but in all the trucks were the same and the components had not changed so it was all down to either Nissan was losing market share to start with and this is why they got out or the markets did not like the new ideas. either way the unicarrier deal thats was done must not of worked out as they planed other wise why sell. You would not sell a good company that has good potential for this price. How Mitsubshi moves this forward will be interesting as the company must employee over 1,000 people in Japan.
This is not a good deal for Mitsubshi and it looks like it was asked to do the deal rather than wanted to do the deal. The Japanese forklift industry is looking like it needs a big shake up with both Unicarrier and Komatsu struggling so these will all go into one big company to try to sort its self out but this again will have problems.
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