Versatile Finds New Opportunities in ASKO Holdings, Shakes Off Former Owner Issues

January 15, 2024 | Posted in Mergers & Acquisitions

On Dec. 20, Buhler Industries, which manufactures the Versatile and Farm King equipment lines, announced it would be acquired by Turkish ag equipment manufacturer Başak Traktör.

Deutz Saw OEM Engine Demand & Delivery Recover in 2021

May 26, 2022 | Posted in Earnings Reports

Engine maker Deutz saw a welcome turnaround in demand and deliveries of diesel engines to agricultural and construction machinery OEMs last year, following a hiatus in the first year of the Covid-19 pandemic.

Deutz Secures Tractor Engine Customers and New Partner in Turkey

November 15, 2021 | Posted in Ag Equipment Worldwide, Electric Machinery

Concerns over component sourcing stability heightened by COVID-19 related supply chain disruptions are largely behind new long-term OEM agreements secured by Deutz.

Mahindra Reorganizes Ag Equipment Business in Turkey

July 7, 2021 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

According to a report from the Economic Times, Mahindra and its subsidiary Erkunt Traktor Sanayi A.S. (Erkunt) have agreed to acquire another subsidiary of Mahindra, Hisarlar Makina Sanayi ve Ticaret Anonim ?irketi (Hisarlar).

Yanmar Acquires New Factory in Turkey

November 30, 2020 | Posted in Ag Equipment Worldwide

With a signing ceremony held in Istanbul, Yanmar has completed the acquisition of Solis Traktör's tractor factory from its partner in Turkey, International Tractor Limited (ITL).

Turkish Tractor Sales Crash for a Second Year in 2019, But Ag Exports Explode

April 6, 2020 | Posted in Ag Equipment Worldwide

Turkey’s volatile tractor market crashed for a second year in 2019, plunging more than 45% to just short of 26,300 units, the lowest figure recorded by ag machinery trade organization Tarmakbir since 2009 when farmers bought just 13,700 tractors. At the same time, the country’s ag machinery exports continue to climb.

Boost in EU Revenues Helps SDF Group Post Positive FY18 Results

May 30, 2019 | Posted in Earnings Reports

A 12% increase in revenues from European Union countries helped tractor and harvester maker SDF Group offset a dramatic fall from sales in Turkey to maintain 2018 group revenues at a level consistent with preceding years.

SDF Opens New Facilities in Turkey as That Tractor Market Plunges

May 23, 2019 | Posted in Ag Equipment Worldwide

Italian tractor manufacturer SDF Group has pushed ahead with a major investment in Turkey despite a huge and sudden drop in unit sales in the Turkish market.

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[Technology Corner] What are the Top 5 Applications in Autonomy Right Now?

There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.

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