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CNH Industrial N.V. (CNHI) Announces Acquisition of Kongskilde Agriculture

Go back to CNH Industrial N.V. (CNHI) Announces Acquisition of Kongskilde Agriculture

CNH Industrial acquires Kongskilde Agriculture

October 31, 2016 5:36 AM EDT

LONDON, Oct. 31, 2016 /PRNewswire/ -- CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today its agreement to acquire the agricultural Grass and Soil implement business of Kongskilde Industries, part of the Danish Group Dansk Landbrugs Grovvareselskab (DLG A.m.b.A.). This business develops, manufactures and sells solutions for agricultural applications in the Tillage, Seeding and Hay & Forage segments under various brands, including Kongskilde, Överum and JF.

The acquisition comprises a transfer of assets related to the Tillage, Seeding... More