Two manufacturers that started out as farm-based enterprises have been acquired by one of Europe’s leading players in the winter maintenance equipment market.
Meyer Products LLC, Cleveland, Ohio, and Swenson Spreader LLC, Lindenwood, Ill., now form the North American division of ASH Group, the parent company of Switzerland’s AEBI, a manufacturer of agricultural equipment for Alpine terrain, and Schmidt of Germany, a specialist in winter maintenance spreaders and snow plows.
ASH Group has acquired all…
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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.
