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Articles Tagged with ''CNHI''

Trade Wars vs. Weather: Which Impacted Ag Equipment Sales More in 2019?

December 18, 2019 | Posted in Data & Trends

More ag equipment dealers believe the cold, wet weather that resulted in later than normal planting season, or prevented planting altogether, had a bigger impact on their business this year than did the ongoing trade wars. But both clearly impacted ag machinery sales in the past year in the eyes of the dealers.

CNHI’s Start-Up Accelerator Acquires Minority Stake in Geoprospectors GmbH

December 13, 2019 | Posted in Mergers & Acquisitions

AGXTEND, CNH Industrial N.V.’s (NYSE: CNHI / MI: CNHI) accelerator for tech startups, announced that it has acquired a minority stake in Geoprospectors GmbH, a leading supplier of soil sensing equipment for precision farming and subsurface engineering.

Rocky Mountain Dealerships Names New CFO

December 13, 2019 | Posted in Ag Equipment People

Calrgary, Alberta — (BUSINESS WIRE) — Rocky Mountain Dealerships (TSX:RME), Canada's largest agriculture equipment dealer, has appointed Gerald (“Jerry”) Schiefelbein as its chief financial officer.

CNHI Announces Completion of K-Line Ag Acquisition

December 6, 2019 | Posted in Mergers & Acquisitions

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that it has completed its acquisition (previously announced on Nov. 4, 2019) of K Line Ag, an Australian agricultural tillage and residue management equipment manufacturer on Dec. 2, 2019.

CNH Industrial Steps Up Pace of Its New Strategic Plan with 2 More Acquisitions

November 26, 2019 | Posted in Mergers & Acquisitions

In September, when CNH Industrial announced its strategic plan to realign the company’s operations, spin off its on-highway business and to transform itself into “predominantly an agriculture company,” it was clear that acquisitions would be a major part of its strategy.

CNHI Announces Senior Leadership Changes, New CTO

November 6, 2019 | Posted in Ag Equipment People

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) has announced two leadership changes following its third quarter earnings report.

CNHI Acquires Australian Implement Manufacturer K-Line

November 4, 2019 | Posted in Mergers & Acquisitions

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 and will enhance the crop production portfolios of Case IH and New Holland Agriculture.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

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