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Brandt to Acquire Kongskilde Factory to Expand U.S. Exposure

March 1, 2018 | Posted in Mergers & Acquisitions

Canada’s Brandt Group is stepping up its presence in the U.S. with the acquisition of a ready-made modern manufacturing facility in Illinois. The Brandt Agricultural Products division currently occupies a 110,000 square foot facility on a 40 acre site just outside Regina, Sask., where it makes grain augers, conveyors and vacuums, large flexible tine harrows and grain carts.

Pottinger Expands Despite Market Conditions

October 1, 2016 | Posted in Mergers & Acquisitions

Challenging market conditions and a dip in revenues (see Ag Equipment Intelligence, September 2016) have not deterred tillage and hay tools manufacturer Pottinger from continuing investment in expanded production and parts distribution facilities.

Banks Agree to Restructure Maschio Gaspardo Debt

October 1, 2016 | Posted in Mergers & Acquisitions

Senior managers at Maschio Gaspardo, the Italian farm equipment group with a North American operation based at DeWitt, Iowa, have successfully negotiated debt restructuring with 24 creditor banks in line with a new business plan formulated last year.

Kubota Takes Another Major Step in Move into ‘Big Ag’ with Acquisition of Great Plains Mfg.

May 1, 2016 | Posted in Mergers & Acquisitions

Kubota Corp. is to spend approximately $430 million pursuing its expansion ambitions by acquiring one of North America’s best-known tillage and seeding equipment producers, Great Plains Manufacturing Inc. and its subsidiaries.

Equity Firm Acquires Significant Shares of Ingersoll Tillage Group

June 1, 2015

Ingersoll Tillage Group (ITG) and its majority owned subsidiary, Corporacion Patricio Echeverria announced the sale of a substantial portion of ITG’s shares to ONCAP, a mid-market private equity firm, on June 1.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

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.

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