Increased scrutiny and regulation of crop protection chemicals, as well as the growing use of vision-controlled implements for weed control, has prompted German tillage equipment maker Lemken to buy up the Dutch field hoeing specialist Steketee and its Rumpstad cultivation equipment division.
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.
Sydenstricker Implement Co., a family owned and operated, full service John Deere dealer based in Mexico, Missouri, is acquiring the John Deere franchise for Columbia that was previously part of Farm Power/Lawn and Leisure.
The transaction is expected to close in the third quarter, contingent on normal regulatory approvals. This acquisition aligns with Hemisphere’s continued push into the global agriculture market.
Hyundai Construction Equipment Americas has announced the expansion of its North American authorized dealer network with the addition of Farm Depot Ltd.
Customers with KVG products that are currently under warranty may receive service and parts support at any of the 860-plus Great Plains dealership locations. Future KVG products that are distributed through Great Plains will be branded “Great Plains by Kverneland.”
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.