Wednesday, December 15, 2010

The market for farm equipment

The market in which the farm equipment manufacturer Claas move is clear. Four major companies dominate the business of farm equipment: John Deere, a 20 billion dollar company in the U.S., the Fiat subsidiary, Case New Holland (CNH) and Agco Fendt owner just Claas. The Ostwestfalen see itself as Europe's number one in combines and as a world leader in forage harvesters. Problems it currently has none of the major suppliers, of which up to Claas all listed. The shops in the growing agriculture are going well. Especially since the market is the great wave of consolidation is already behind. From 70 major manufacturers that existed 40 years ago, a handful remained. And yet the time of the merger is not over. For several months, farm equipment industry experts speculate, for example, on the future of CNH. Currently, the Italians are valued on the stock market with some 6.8 billion dollars. Agco has filed public interest. Claas also is said to be interested in CNH.

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