Friday, 27 May 2016 06:55

Chequebooks out for takeovers at home and away

Written by  Mark Daniel
The red of Robertson Manufacturing will merge with the green of Hustler to see a new powerhouse in NZ livestock feeding machinery. The red of Robertson Manufacturing will merge with the green of Hustler to see a new powerhouse in NZ livestock feeding machinery.

Hustler Equipment, the Hastings maker of bale feeding, bedding and handling equipment, has bought Robertson Manufacturing.

Robertson, located in Hinds, Canterbury, make silage wagons, the Supercomby feedout machine and precision spreading equipment.

Hustler started manufacturing in 1961, Robertson in 1977. With nearly 100 years between them in designing and making innovative machinery it seems the two companies are a good fit.

Hustler told Rural News that while some branding changes may follow, the Robertson designs and attention to detail will remain and customers will get 'seamless' advice and support.

Meanwhile, on the global scene, cash-rich Japanese giant Kubota is to buy the planter and seed drill manufacturer Great Plains Manufacturing, of Salina, Kansas.

In the US$430 million deal, slated for July, Kubota will acquire all five divisions of Great Plains, said to be the largest family-owned farm equipment maker in the US. It has eight factories in the US and one in UK; staff number 1400.

"This acquisition is part of the long term strategic vision for our expansion, with the aim of providing high quality products and comprehensive solutions for customers," said Masato Yoshikawa, president and chief executive of Kubota Tractor Corporation.

Great Plains and Kubota had common values, he said, "in that we were both founded four decades ago and both companies have a reputation for quality and engineering excellence".

Great Plains founder and chairman Roy Applequist will remain to help guide operations.

"My plan is to play a significant part in helping Great Plains to become a vital part of the Kubota family," he said.

The companies already have a long term relationship: the Great Plains Land Pride brand has been sold alongside Kubota products in the North American market since 2007.

Kubota says the move builds on its commitment to the US and Canadian markets; it recently announced a North American distribution centre in Edgerton, US, for the supply of whole goods and parts to these regions.

More like this

H is the 1!

OPINION: Good on Miraka for eschewing electric power for its future tankers, opting for the much more practical heavy-vehicle ‘green’ choice, hydrogen, putting NZ’s first H-powered tanker on the road.

Box Blade carves precise grading

Kubota NZ is continuing to improve its equipment attachment range with the BB30 Box Blade, said to be ideal for landscaping grading operations, using a skid steer or tracked compact loader.

Kubota tests diesel engines

Kubota last month used the UK LAMMA Show to test the water with its new 200hp, four-cylinder 09-series diesel engines.

Featured

Farmer confidence flowing back

Confidence is flowing back into the farming sector on the back of higher dairy and meat prices, easing interest rates and a more farmer-friendly regulatory environment.

National

Machinery & Products

GEA launches robotic milkers

Milking technology provider GEA Farm Technologies is introducing its first automatic milking system (AMS) in New Zealand.

More front hoppers

German seeding specialists Horsch have announced a new 1600- litre double-tank option that will join its current Partner FT single…

Origin Ag clocks up 20 years

With roots dating back to 2004, Origin Ag was formed as a co-operative business model that removed the traditional distributor,…

» Latest Print Issues Online

The Hound

Dark ages

OPINION: Before we all let The Green Party have at it with their 'bold' emissions reduction plan, the Hound thought…

Rhymes with?

OPINION: The Feds' latest banking survey shows that bankers are even less popular with farmers than they used to be,…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter