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CNH Industrial announced the following updates on the $250 million investment, made through its IVECO commercial vehicle segment, in Nikola Corporation as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition...
Following the takeover, Liebherr-Baumaschinen Vertriebs- und Service GmbH will be responsible for the earthmoving business activities of Libero Baumaschinen and Libero Bau- und Industriemaschinen. As part of the acquisition, Liebherr-Baumaschinen Vertriebs- und Service GmbH will take over Libero's existing sales...
In 2015, Vermeer Australia became part of the RDO Australia Group, a subsidiary of RDO Equipment. Now, as 2019 draws to a close, they have more exciting news to share: RDO has reached an agreement to acquire the remaining 50%...
CNH Industrial has announced the acquisition of Australian agricultural equipment manufacturer K-Line Ag in a move that enhances the global crop production portfolio of CNHI's agriculture brands Case IH and New Holland. Based in Cowra, NSW, K-Line Ag is a...
Yanmar Holdings has announced Yanmar’s entry into a definitive agreement to acquire compact equipment manufacturer ASV Holdings Inc. (“ASV”), a designer and manufacturer of renowned compact tracked loaders (“CTLs”) and skid-steer loaders (“SSLs”). Yanmar is to acquire ASV through...
Metso hassigned an agreement to acquire McCloskey International, a Canadian mobile crushing and screening equipment manufacturer, to expand Metso's offering in the aggregates industry globally and to strengthen the customer reach especially to general contractor customers. The mobile aggregate equipment...