Mahindra, Kubota Move to Expand International Presence

Mahindra and Kubota have both been focusing on international markets in 2020, making investments into different ag equipment companies in Asia and Africa. These acquisitions are aimed at giving the tractor manufacturers a greater international presence.

According to the Capital Market on March 17, Mahindra acquired a 5% share in Eurl LD Azouaou (LDA), an Algerian assembler and distributer of tractors. Mahindra said this investment would “enable the company to re-enter the Algerian agricultural machinery…

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