Buhler Industries, parent company of the Versatile and Farm King brands, revealed in July it was searching for a “long-term investment partner.” In late December, it announced that Turkish tractor manufacturer Basak Traktor, a wholly-owned subsidiary of ASKO Holding, was buying 96.7 percent of outstanding shares for $60.5 million. “One of the keys for us […] Read more
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Buhler Industries finds new majority shareholder in Turkish firm
It was a big week for western Canadian machinery manufacturers as Winnipeg-based Buhler Industries inked a deal that will see a Turkish company purchase its majority stake, and Guelph-based manufacturer Linamar Corporation acquired Saskatchewan’s Bourgault Industries. Buhler Industries and Başak Traktör, a subsidiary of ASKO Holding, entered an agreement to purchase common shares held by […] Read more
