Lely Presses Ahead with Forage Products Sale to AGCO

After positive consultation with trade unions and the company’s joint works council, Lely is pressing ahead with preparations to sell selected assets in its Forage Products division to AGCO next month. The parties concerned have agreed to a social plan for employees affected by the deal, not all of whom will be taken on by AGCO.

The deal announced earlier this year (Ag Equipment Intelligence, March 2017), will enable Lely to focus its…

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