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The government commission has approved an application by Investment Solutions LLC (owned by the Balchug Capital investment fund, based in Yerevan and founded by David Amaryan) to purchase four Russian subsidiaries of U.S. specialised equipment manufacturer Caterpillar. This is reported by RBC, citing sources familiar with the details of the deal. According to one source, negotiations on the sale of the assets are "in the final stages" and "the deal is expected to close in the coming months."

RBC reports that in August 2025, Investment Solutions, together with Caterpillar Eurasia LLC, requested the Ministry of Industry and Trade to consider an application to purchase shares in four Caterpillar subsidiaries: Caterpillar Eurasia itself, Caterpillar Distribution International, Solar Turbines CIS, and Electro-Motiv Lokomotiv Technologies. These companies represent Caterpillar's distribution and service infrastructure in Russia.

According to the application, the shares will be purchased from Caterpillar for approximately RUB 2.6 billion, and this will be "the second stage of an all-encompassing transaction to acquire all of the seller's assets in Russia." 

The U.S. company announced it was suspending production in Russia in March 2022. Caterpillar explained its decision by the complexity of doing business in the country due to "supply chain disruptions and sanctions." In November 2023, President Vladimir Putin signed an order allowing Balchug Capital's Investment Solutions to acquire 100% of the shares in Caterpillar Tosno LLC and Caterpillar Financial LLC.

In addition to Balchug Capital, another Russian company, Summariva LLC, also laid claim to Caterpillar's remaining assets, according to RBC. This company demanded that Caterpillar's foreign entities agree to sell to Summariva shares in the same four companies. Sommariva said that its interest arose due to its experience working with Caterpillar equipment and that it planned to develop the companies and launch the fabrication of equivalent products. Summariva filed a lawsuit with the Moscow Arbitrazh (Commercial) Court demanding that the sale and purchase agreement be declared invalid (one of the defendants is Investment Solutions LLC). On 4 December, the court left the lawsuit pending until payment of an additional state fee of RUB 50,000.