Kongskilde for Sale Despite U.S. Market Success

The Danish owners of ag equipment manufacturer Kongskilde put up a ‘for sale’ sign for the business in March, saying it needs a strong partner or a new owner to realize its full potential.

This comes after the group announced a $12 million investment program for the business in January. The program, largely triggered by success in the U.S. market, was intended to help return the business to profitability.

“It’s important for Kongskilde to streamline…

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