In a press release, the company announced its acquisitions of 4 South African distributors. These include distributors of Case IH equipment, CASE Construction equipment, spare parts and implements.
By taking full operational management of its commercial distribution and aftermarket network, CNH Industrial aims to further develop its Case IH and CASE Construction Equipment brands’ presence together with aftermarket sales and services in South Africa and other Southern African markets. This model is already in place for the Company’s agriculture equipment brand New Holland Agriculture as well as its commercial and specialty vehicles business via its IVECO, IVECO ASTRA and IVECO BUS brands.
The business divisions included in the planned acquisition are:
- Northmec: South Africa’s most established agricultural equipment distributor and the sole distributor of Case IH equipment and implements;
- CSE: a well-established equipment distributor operating for more than 50 years in the market and the sole distributor of CASE tractor loader backhoes and skid steer loaders;
- NHSA: a spare parts distributor in Southern Africa mainly focused on agriculture; and
- Landboupart: a distributor of spare parts and implements.