increase font size
Buhler Industries, the publicly traded Versatile and Farm King equipment manufacturer, has been sold.
Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and Farm King equipment manufacturer, fully absorbed by Asko, its Turkish majority shareholder.
Although there will be no change to the brands or the dealer networks, the Buhler name is to be dropped. The new company, Amalco, is a wholly owned subsidiary of Asko Holdings, which purchased 96.7% of the shares of Buhler Industries in December 2023. Asko Holdings also owns Basak Traktor.
The company says the main reason for the change is that substantial investments are required over the next few years to modernise the Versatile tractor plant in Winnipeg and the Farm King factory in Morden, both located in Canada.
In a move to start both upgrades quickly, with limited disruptions to production, the common shares will be de-listed from the Toronto Stock Exchange and Buhler Industries will apply to cease to be a reporting issuer under applicable Canadian securities laws.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Wrapped bales arrived in the 1980s offering a viable alternative to clamp silage, and they remain a solution for those not wishing to invest in expensive clamps – a solution for smaller farms and a means to clearing excess grass at the end of the season.
Celebrating 50 years of being in business in 2025 and specialising in the design and manufacture of an extensive range for the rural industries, Feilding-based McKee Plastics was at Fieldays highlighting a range of feeding products.
John Deere have recently announced upgrades to its round baler offerings, with all models of this latest generation equipped with advanced ISOBUS capabilities, allowing them to be fully integrated into the John Deere Operations Center.
The Landini Rex 4 Series, recently released in New Zealand, is designed with vineyards in mind.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
