Mahindra and Kubota have both been focusing on international markets in 2020, making investments into different ag equipment companies in Asia and Africa. These acquisitions are aimed at giving the tractor manufacturers a greater international presence.
According to the Capital Market on March 17, Mahindra acquired a 5% share in Eurl LD Azouaou (LDA), an Algerian assembler and distributer of tractors. Mahindra said this investment would “enable the company to re-enter the Algerian agricultural machinery…
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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.
