M&A Deal Summary

CNH Industrial Acquires Kongskilde Industries A/S - Grass and Soil Activities

On October 31, 2016, CNH Industrial acquired manufacturer Kongskilde Industries A/S - Grass and Soil Activities from Kongskilde Industries A/S

Acquisition Highlights
  • This is CNH Industrial’s 1st transaction in the Manufacturing sector.
  • This is CNH Industrial’s 1st transaction in Denmark.

M&A Deal Summary

Date 2016-10-31
Target Kongskilde Industries A/S - Grass and Soil Activities
Sector Manufacturing
Buyer(s) CNH Industrial
Sellers(s) Kongskilde Industries A/S
Deal Type Divestiture

Target

Kongskilde Industries A/S - Grass and Soil Activities

Soroe, Denmark
Kongskilde Industries A/S - Grass and Soil Activities develops, manufactures and sells solutions for agricultural applications in the Tillage, Seeding and Hay & Forage segments under various brands, including Kongskilde, Överum and JF.

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Buyer(S) 1

Buyer

CNH Industrial

Basildon, United Kingdom

Category Company
Founded 1842
Sector Machinery
Employees35,850
Revenue 19.8B USD (2024)
DESCRIPTION

CNH Industrial is a diversified Italian-American manufacturer of machinery and equipment. CNH designs, produces, and sells agricultural equipment and construction equipment (Case and New Holland brand families), trucks, commercial vehicles, buses, and special vehicles (Iveco), in addition to powertrains for industrial and marine applications (FPT Industrial). CNH Industrial was founded in 1842 and is based in Basildon, United Kingdom.


DEAL STATS #
Overall 3 of 6
Sector: Manufacturing M&A 1 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 Miller-St. Nazianz

St. Nazianz, Wisconsin, United States

Miller-St. Nazianz, Inc. is a manufacturer of precision spraying equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Raven

Sioux Falls, South Dakota, United States

Raven Industries is a designer and manufacturer of flexible films and sheeting. Raven is a provider of highly engineered polymer films and sheeting for agriculture, construction, geomembrane, and industrial applications. Raven was founded in 1956 and is based in Sioux Falls, South Dakota.

Buy $2.1B

Seller(S) 1

SELLER

Kongskilde Industries A/S

Soroe, Denmark

Category Company
Founded 1949
Sector Manufacturing
Revenue 1.8B DKK (2025)
DESCRIPTION

Kongskilde Industries A/S develops, manufactures, and markets soil preparation equipment, mobile heaters, and grain handling equipment for agricultural purposes.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2016 M&A 1 of 1