Doosan paid $4.9 billion for the businesses, the largest overseas acquisition for a Korean company.
The company said the three entities will operate as individual businesses of Doosan Infracore International, a U.S.-based subsidiary of Doosan Infracore, and will be known as Bobcat; Doosan Infracore Portable Power (formerly Ingersoll Rand Utility Equipment), and DII Attachments (formerly Ingersoll Rand Attachments).