On May 10, Rocky Mountain Dealerships reported that its revenues for the 3 months ended March 31, 2011 grew by 31% and profits by 52%. At the same time, the company announced that its CEO, Brian Taschuk, has left the company for personal reasons.
The company also restated its strategy to slow acquisitions and focus on integrating acquisitions with the intent of increasing gross margin and bringing down SG&A to effectively “harvest returns for shareholders.”
…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
![[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment](https://www.agequipmentintelligence.com/ext/resources/2024/04/25/Pessl-Instruments-CEO-Talks-Dealer-Benefits-From-Lindsay-Corp.-Investment.png?height=290&t=1714144307&width=400)
Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
