Quicke tractor loader manufacturer Ålö is changing hands as current owner Altor Equity Partners cashes in its 2011 investment in the business. Altor will retain an interest in agriculture through its 2018 acquisition of a majority holding in Trioplast Industrier, a Swedish manufacturer of innovative agricultural and industrial plastic films.
Subject to the usual regulatory requirements, the group, headquartered in Sweden, will become a business unit of Jost Werke, a German company…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
