The company announced it has signed an agreement for the purchase of all outstanding shares of Artec. Kuhn Group has been a minority shareholder of Artec since 2008.
VDMA points to increasing prices for major agricultural commodities, particularly for grain, and rising agricultural exports fueled by depreciated national currency as creating favorable conditions in Russian agriculture. However, the Russian ag machinery market has been subjected to the pressure of lower demand, as well as economic and regulatory risks.
Gaining a unique perspective from both his time as a legislator and as the current CFO for Sukup Mfg., Steve Sukup weighs in on the current economic climate in the wake of steel tariffs imposed upon China by the United States.
A trio of British specialty potato and vegetable equipment manufacturers have set up shop in Fremont, Mich., to better serve U.S. customers and bolster their position in the market.
Specialist agricultural equipment manufacturer Oxbo is building its presence in the North American “floater” application vehicle market with a second machine built by Dutch colleagues.
A Dutch manufacturer of cattle feed mixer-feeders has opened a new distribution and parts center in Mineral Point, Wis., to meet increasing demand for wholegoods and parts in the North American market.
Cooperation between implement manufacturers in the Kubota group has been extended to the U.S. with the introduction of selected Kverneland equipment to the Great Plains Agriculture product portfolio.
NPM Capital, a European investment firm that specializes in supplying risk capital has acquired a 40% shareholding in Ploeger Oxbo Group to support its long term growth strategy, including potential acquisitions. NPM Capital already has interests in the ag sector through investments in Kramp, a large distributor of replacement parts in Europe, and an animal genetics company.
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.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.