A policy of enabling John Deere dealers to fill out their product lines with equipment from subsidiaries and alliance partners is continuing to be pursued by Deere with the acquisition of an Italian manufacturer of self-propelled sprayers and a newly formed alliance with the German manufacturer of agricultural material handling equipment.
Being acquired by Kubota 3 years ago is proving positive across the board for hay and tillage implement manufacturer Kverneland, according to senior managers.
Kverneland Group, one of Europe’s largest farm machinery manufacturers, has begun a major program of factory improvements and upgrades having secured approval for a major investment plan from new owner Kubota Corp. of Japan.
With investors holding more than 78% of Kverneland shares agreeing to sell their holdings to Kubota by last week's offer deadline, the Japanese tractor manufacturer has all but secured control of one of the World's largest farm implement concerns.
The world’s biggest farm implement manufacturers, Kuhn and Kverneland, are cautiously optimistic about a renewal in agricultural machinery markets after receiving stronger first-quarter orders.
The company also expects to see other benefits from entering these markets with a highly qualified research and development and manufacturing facility in the field of baling.
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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.