Turkish tractor manufacturer Başak Traktör purchased Buhler Industries, parent company of the Versatile and Farm King brands, for $60.5 million. Management at Buhler had to take steps to publicly distance itself from its primary shareholder, Rostselmash, since Russia started its war against Ukraine.  |  Photo supplied by Versatile

A new owner for Versatile

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


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. | Screencap via bourgault.com

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

An autonomous Versatile DeltaTrak tractor was on display at the Ag in Motion farm show in July.

Versatile partners with autonomy developer

At the recent Ag in Motion farm show, Versatile revealed it is developing production-ready, fully autonomous machines, just like the big four brands of agricultural equipment manufacturers. Versatile announced a partnership with Saskatchewan technology startup Mojow Autonomous Solutions to put a full autonomy option into its four-wheel drive tractors. “They’ve been working with us for […] Read more