HD Hyundai Merges Construction Entities For Global Expansion

HD Hyundai is set to merge its two major construction arms—HD Hyundai Construction Equipment and HD Hyundai Infracore—into a single entity named HD Construction Equipment, effective January 1, 2026. The move is part of the group’s strategy to strengthen global competitiveness and achieve $11 billion in revenue by 2030.

Announced following board meetings on July 1, the merger aims to streamline operations, optimize product development, and expand globally under a dual-brand strategy, retaining both the HYUNDAI and DEVELON brands.

The consolidated company, with current combined revenue of approximately $6.15 billion, plans to expand its offerings from compact to ultra-large equipment, while also growing its engine and aftermarket service businesses. Emphasis will be placed on smart, electrified equipment, unified R&D, and a more agile response to market dynamics.

The merger is subject to regulatory approvals and a shareholders’ meeting scheduled for September 16, 2025.