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Buhler manufactures Versatile tractors and Farm King implements.

Versatile is expected to grow and expand under its new ownership, leadership says, as a Turkish firm takes over the majority stake of its parent company. And taking care of all of our stakeholders, the suppliers, shareholders. He has a vision for global expansion and sees Versatile as a key to that. Senior management, including COO Grant Adolph along with Reid, will remain in their current roles under the new ownership structure to help maintain consistency during the transition and moving forward. Instead, he expects it to grow and expand under the new ownership. Due to the supply chain disruptions in the last two years, Versatile has struggled to fill orders for new tractors, due to persistent component shortages. The new ownership will give the brand increased purchasing power and should help it ramp up the number of tractors rolling off the assembly line to better meet customer demand.

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Buhler manufactures Versatile tractors and Farm King implements. Entering into the acquisition agreement is the culmination of the process initiated by Buhler Industries to identify a long-term investment partner, announced in July Buhler Industries and its brands Versatile and Farm King, have a deep history and legacy in the agricultural industry and we are enthusiastic about working with Buhler Industries to take the next steps in the evolution of its business. ASKO Holding is a diversified company with interests in agricultural machinery, construction equipment, energy and technology. It is a joint stock company incorporated under the laws of Turkey. About Buhler Industries. The Company manufactures and distributes its product through the brand names Versatile and Farm King. The Versatile line of equipment consists of tractors and tillage.

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Advertise Follow Us. Buhler Industries Inc. Entering into the agreement is the culmination of the process initiated by Buhler Industries to identify a long-term investment partner, which was announced in July ASKO Holding is a diversified company with interests in agricultural machinery, construction equipment, energy and technology.

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Senior management, including COO Grant Adolph along with Reid, will remain in their current roles under the new ownership structure to help maintain consistency during the transition and moving forward. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. COPA finalist in , and Keyword s :. Necessary Necessary. Performance Performance. The cookie is used to store the user consent for the cookies in the category "Performance". The cookies is used to store the user consent for the cookies in the category "Necessary". One such trailblazer is year-old Rattanawadee Yamsri, who is harnessing the power of. That had been causing some trouble for Versatile due to the invasion of Ukraine. While the deal brings a new partner on board with a global vision willing to advance the Versatile brand, it solves one other problem for Buhler: it ends the involvement of a Russian company in its ownership. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies.

In , the Turkish Agricultural Hardware Institution recognized the potential of this budding enterprise and acquired the plant. Six years later, they transitioned from importing to the manufacturing of Ford tractors under a licensing agreement. This move not only expanded their product portfolio but also contributed to their growing reputation as a reliable tractor manufacturer.

One such trailblazer is year-old Rattanawadee Yamsri, who is harnessing the power of. He has a vision for global expansion and sees Versatile as a key to that. It could conceivably also result in an expanded product line for Versatile, whose tractor offerings only go up from horsepower. Your email address will not be published. The cookie is used to store the user consent for the cookies in the category "Analytics". Buhler Industries and its brands Versatile and Farm King, have a deep history and legacy in the agricultural industry and we are enthusiastic about working with Buhler Industries to take the next steps in the evolution of its business. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Versatile is expected to grow and expand under its new ownership, leadership says, as a Turkish firm takes over the majority stake of its parent company. Manage consent. Necessary Necessary. All that, though, remains speculation at the moment. That had been causing some trouble for Versatile due to the invasion of Ukraine. Search the AGCanada. Subscribe to our newsletter. Analytics Analytics.