MWM's announcement from global headquarters in Mannheim, Germany, stressed the fact that the company would remain in the market as an independent brand. The sale to Caterpillar would not affect any of the current or future business relationships, and all existing agreements would remain unaffected by the change in ownership, and continue to be valid.

MWM CEO Peter Grosch said "We highly appreciate 3i's support and believe that Caterpillar provides the best prospects for the next step of our development, given its worldwide network which will open up new distribution and growth opportunities to us."

MWM will become part of Caterpillar's Electric Power Division, which supplies natural gas, diesel generator sets, and integrated power systems involved in the generation, control, and supply of electricity.