Doosan Bobcat Inc.

Is Doosan Bobcat publicly traded?

Yes. It trades on the Korea Exchange under ticker 241560, listed since November 2016. Doosan Enerbility is the controlling shareholder at about 48 percent.

Who owns Doosan Bobcat?

Doosan Enerbility, a fellow Doosan Group company, holds about 48.2 percent and controls the company. The rest trades publicly among Korean and international investors.

Who owns the Bobcat brand?

The Bobcat brand is owned by Doosan Bobcat Inc. Doosan Group acquired the business from Ingersoll-Rand in 2007 for about $4.9 billion.

When was Doosan Bobcat founded?

The company was incorporated in April 2014 as a split-off from Doosan Infracore, though the Bobcat business it owns dates to 1947 in North Dakota.

What is Doosan Bobcat's market position?

It is the global leader in compact equipment, inventor of the skid-steer loader, and reported $6.18 billion in FY2025 revenue with North America generating about 70 percent of sales.

Where are Doosan Bobcat products made?

Manufacturing is concentrated in the United States (led by the Gwinner, North Dakota complex), plus plants in the Czech Republic, South Korea, and China.

The company's history is a story of an American icon passing through several owners before landing in Korea. The operating business traces to 1947, when Melroe Manufacturing was founded in Gwinner, North Dakota, and to the 1957 invention of the skid-steer loader by the Keller brothers, which Melroe commercialized and renamed Bobcat in 1962.

Ownership passed from Melroe to Clark Equipment in 1969 and then to Ingersoll-Rand, which bought Clark in 1995 and ran the business as Bobcat Company. The modern corporate era began in 2007, when South Korea's Doosan Infracore paid approximately $4.9 billion for Ingersoll-Rand's utility equipment division, centered on Bobcat, in one of the largest outbound acquisitions by a Korean company at the time.

Doosan Bobcat was formally incorporated in April 2014 when the business was split off from Doosan Infracore as a standalone entity, and it listed on the Korea Exchange in November 2016. When Doosan Infracore's investment holdings were folded into Doosan Enerbility in July 2021, Enerbility became Doosan Bobcat's largest shareholder.

Under Doosan ownership the company broadened aggressively. It added grounds maintenance brands through the 2020 acquisition of Schiller Grounds Care, expanded into compact tractors and turf equipment, and built revenue to a record $7.5 billion in 2023 before demand cooled. FY2025 revenue of $6.18 billion reflected tariff pressure and dealer destocking, but the business remains the anchor of Doosan Group's equipment portfolio and one of the KRX's most internationally oriented industrial listings.

Doosan Bobcat's sustainability program centers on electrification and efficiency of compact equipment, where it has introduced electric and hybrid concept machines and committed to expanding its alternative-power range in line with Doosan Group targets.

The company publishes ESG reporting covering emissions, workplace safety, and governance under Korean listing requirements. Its operational footprint in the US and Czech Republic subjects it to those jurisdictions' environmental standards, and there is no major documented environmental violation or brand-level ethical controversy on record.

Doosan Bobcat has avoided major scandals, though it carries two recurring points of scrutiny tied to its parentage.

The first is periodic uncertainty over Doosan Group's intentions. Doosan has at times explored selling part of its Bobcat stake to fund group restructuring, creating recurring stock overhang and governance questions for minority investors, even though Enerbility's roughly 48 percent control has remained stable.

The second is tariff exposure. US tariffs on imported components and finished machines materially hit FY2025 operating profit, making the company a visible example of how trade policy flows through equipment makers with global supply chains. That is a business risk more than a controversy, but it is the most-discussed regulatory pressure on the company.