CNH Industrial NV has announced its agreement to acquire the Australian agricultural implement manufacturer K-Line Ag
This acquisition is expected to add major tillage and residue management equipment, which is crucial to ensuring optimal seedbed preparation, fundamental for productive yields, and will further enhance the crop production portfolios of Case IH and New Holland Agriculture, the global agricultural equipment brands of CNH Industrial.
K-Line has become one of the leading tillage manufacturers in Australia by designing suitable products for some of the world’s harshest soil conditions.
CNH Industrial’s commitment to growing its global agricultural business focuses on placing technological advancements at the service of its brands’ global customer base and developing an advanced digital farming offering. These are core pillars of its Agricultural Segment’s growth strategy, and the integration of leading-edge tillage and residue management equipment is an important step in achieving this aim.
“The acquisition of K-Line Ag is a further concrete expression of the Agricultural Segment’s stated aim of seeking both strategic acquisitions to enhance their respective agricultural offerings, as well as their role as industry consolidators,” stated Hubertus Mühlhäuser, CEO at CNH Industrial.
K-Line Ag, a pioneering leader and innovator in the agricultural implement business in Australia, founded in 1993, is headquartered in Cowra, New South Wales, Australia, and expanded into North America in 2013. K-Line products will be available in Case IH dealerships in North America and through the Case IH, New Holland, and K-Line networks in Australia and New Zealand.
