Caterpillar has successfully acquired capital safety company　　

Beijing time on June 23rd, to $2 billion 500 million Caterpillar successfully acquired the British personal protective equipment manufacturers capital safety company (Capital Safety), the transaction is expected to be completed in the third quarter of this year.

Kebit has about 1500 employees worldwide, with revenues of $430 million in the fiscal year to March 31st. The company was bought by KKR for $1 billion 100 million in 2011. Now Caterpillar is from private equity giant KKR group purchased, including $700 million of the $2 billion 500 million in debt capital.

Caterpillar expects to reduce its earnings per share by 4 cents in the first year after its completion, but will increase its earnings per share by 12 cents after deducting one-off expenses.

What does Caterpillar acquisition end to help their profitability capital safety company, also let us wait and see.