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Agco buying CNH
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Joined: 16 Sep 2009
Location: North Dakota
Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Topic: Agco buying CNH
    Posted: 09 Dec 2010 at 11:05am
It looks like Agco wants to buy CNH.  There was talk of it last year.  Maybe it will happen this time.
That would be interesting.  I imagine some lines would have to be divested just like NH had to sell Versatile to merge with Case.
 
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victoryallis View Drop Down
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Joined: 15 Apr 2010
Location: Ludington mi
Points: 2876 		Post Options Post Options   Thanks (0) Thanks(0)   Quote victoryallis Quote  Post ReplyReply Direct Link To This Post Posted: 09 Dec 2010 at 11:50am
If it does happen and I doubt it will it could be good for Deere unforunately.
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Joined: 16 Sep 2009
Location: North Dakota
Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 09 Dec 2010 at 12:49pm
It would be a big deal to do it they actually do it.
The combined companies would still be smaller then Deere in North America but bigger world wide.
It would be an awful big bite to handle/finance though.
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AllisChalmers37 View Drop Down
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Joined: 11 Jul 2010
Location: London,KY
Points: 1846 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisChalmers37 Quote  Post ReplyReply Direct Link To This Post Posted: 09 Dec 2010 at 2:44pm
They would drop everything to back McCormick tractors. I would like that better than MF. Also if that happened AGCO would own the rights to all of the legendary tractor brands except John Deere (Kubota don't count).
1937 WC, 1950 CA, 1959 D14, 1967 190XT, 2006 Ram 3500
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Joined: 16 Sep 2009
Location: North Dakota
Points: 601 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Spud Quote  Post ReplyReply Direct Link To This Post Posted: 10 Dec 2010 at 9:00am
McCormick isn't part of CNH.
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Joined: 11 Sep 2009
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Points: 1234 		Post Options Post Options   Thanks (0) Thanks(0)   Quote morton(pa) Quote  Post ReplyReply Direct Link To This Post Posted: 10 Dec 2010 at 10:49am
Already posted, with lengthy discussion:
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AllisChalmers37 View Drop Down
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Joined: 11 Jul 2010
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Points: 1846 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisChalmers37 Quote  Post ReplyReply Direct Link To This Post Posted: 10 Dec 2010 at 2:52pm
oops, my bad
1937 WC, 1950 CA, 1959 D14, 1967 190XT, 2006 Ram 3500
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