Hewitt acquires Bucyrus’ eastern Canada business

July 26, 2012 – Caterpillar and Hewitt Equipment have announced
that Caterpillar Global Mining and Hewitt have
signed an agreement for Hewitt and its subsidiary, Atlantic Tractors and Equipment, to acquire the Bucyrus equipment
distribution and support business in the province of Quebec, western
Newfoundland and Labrador and the Maritimes.

“Cat
dealers play a pivotal role in helping us build and maintain our
world-class system of distribution and product support. This is critical
to providing value and solutions for Caterpillar mining customers, and
Hewitt will be helping us achieve that,” said Steve Wunning, Caterpillar
group president with responsibility for resource industries.

"We
are very enthusiastic about this agreement, under which we will provide
an even broader product offering to our valued mining customers,” said
Jim Hewitt, president and chief executive officer of Hewitt. “We look
forward to collaborating with

Caterpillar
and with our customers as we work together to build on the existing
Bucyrus support resources in our service territory. We are already
making significant investments in facilities and in training to further
strengthen that support capability. Further, as the transition takes
place, we will be investing heavily in parts and component inventories
to help ensure our customers attain optimal availability of their Cat
and Bucyrus equipment. We also look forward to welcoming the former
Bucyrus employees who will be joining the Hewitt Team.”

Caterpillar has announced similar transactions with other dealers over
the last several months. Caterpillar continues to hold discussions with
other Cat dealers that have mining activity in their territories and
will continue to operate the former Bucyrus distribution business until
the transitions have occurred in a given territory.

Hewitt Equipment Limited is the authorized Cat Dealer for the province
of Quebec and western Newfoundland and Labrador, and through its subsidiary, Atlantic
Tractors and Equipment is also the Cat Dealer for the Maritime
provinces. With headquarters in Pointe-Claire and 45 branches, the
Hewitt Group sells, rents and services the full line of Caterpillar
products through five divisions: Heavy Equipment, Material Handling,
Energy, Truck and Agricultural.

Hewitt’s other subsidiaries are: Hewitt Material Handling, Hewitt Rentals (Quebec, western Newfoundland and Labrador and the Maritimes),
Montreal Hydraulique 04 and Sitech Atlantic.

Related links

www.hewitt.ca

www.atlcat.ca