CNH acquires K-Line Ag
Takeover of Cowra (NSW) based ag-implement business set to enhance CNH’s agricultural product portfolioCNH Industrial has announced its acquisition of local tillage equipment specialist, K-Line Ag, in a move to expand its product offerings and strengthen its position in the global market.
K-Line Ag, based in Cowra, NSW, is known for its high speed and high performance cultivator tools such as the Speedtiller - a dual-purpose disc tiller known for its soil conditioning capabilities with superior penetration.
The company was founded in 1993 by Richard Larsen after he saw a gap in the market for a broader, more efficient range of tillage machinery.
“This is an exciting opportunity for our Australian and New Zealand customers, with K-Line Ag known for innovative soil management solutions that result in high productivity in a variety of growing regions and conditions,” said CNH Industrial ANZ Managing Director of Agriculture, Brandon Stannett.
“As a company, we’re increasingly focused on tillage and seeding methods that promote sustainability and soil protection, and the suite of products that K-Line Ag has developed fits perfectly with this direction.
“Their commitment to innovation, reliability and efficiency also aligns with the qualities that underpin Case IH and New Holland, providing a synergy that can only mean important opportunities for us and our customers.”
Stannett said K-Line Ag products would continue to be sold under that name in Australia and New Zealand through existing Case IH, New Holland and selected independent dealers, and will be re-branded as Case IH in the North American market, where K-Line Ag equipment has been sold since 2013.
The manufacturing of K-Line Ag products like the Speedtiller will remain in Cowra, with plans to ramp up production and increase the number of units produced each month, which may mean the need for more staff in the future. The Larsen family will also remain heavily involved in strategy and day to day management of the business.
Case IH said it is the leading tillage brand in North America, where surface compaction and seedbed floor levelness is deemed critical when it comes to seed placement accuracy, early root development and yield. CNH Industrial gained interest in the Speedtiller after it found the machine to be the only high-speed tillage tool delivering uniform results to depth, giving producers ideal seedbed preparation without agronomic compromise.
“As a global company, we’re excited to be making this level of investment in an Australian company whose reputation for excellence and results is known around the world,” Stannett said.
“We’re proud to bring K-Line Ag into the CNH Industrial agriculture stable and know that together we can continue to raise the bar with equipment that satisfies the needs of farmers looking for sustainable farming solutions that don’t compromise on efficiency and productivity.”
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