The Danish owners of ag equipment manufacturer Kongskilde put up a ‘for sale’ sign for the business in March, saying it needs a strong partner or a new owner to realize its full potential.
This comes after the group announced a $12 million investment program for the business in January. The program, largely triggered by success in the U.S. market, was intended to help return the business to profitability.
“It’s important for Kongskilde to streamline…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
