CNH Industrial today announced its agreement to acquire the Australian agricultural implement manufacturer K-Line Ag. This acquisition will add tillage and residue management equipment (like the K-Line Speedtiller Powerflex, shown in action here) and will enhance the crop production portfolios of Case IH and New Holland Agriculture.

K-Line Ag, a pioneering leader and innovator in the agricultural implement business in Australia, founded in 1993, is headquartered in Cowra, New South Wales, Australia, and expanded into North America in 2013. K-Line products will be available in Case IH dealerships in North America and through the Case IH, New Holland, and K-Line networks in Australia and New Zealand.

Shortly following this announcement, CNHI also announced their acquisition of ATI Tracks Systems.

Ag Equipment Intelligence has more information on the high speed compact tillage market (including brands like K-Line) in their report "High Speed Compact Discs: U.S. Market Review," available for purchase here.