Kubota’s expansion of its product line-up continues apace with the $US430 million acquisition of Great Plains seeding and tillage equipment.
The purchase includes all five divisions of the US company which was founded in 1976, employs 1400 and has manufacturing sites in Kansas and Sleaford, England building seeding and tillage equipment and more.
In a strategic alliance with Great Plains since 2007 Kubota aims to reinforce its North American tractor business.
It is Kubota’s second major announcement after acquiring hay, silage and tillage equipment maker, Kverneland in 2012
Kubota president and CEO Masato Yoshikawa said “Great Plains and Kubota share a common set of values in that we both were founded four decades ago on a reputation for quality, innovation and engineering excellence.
“We believe these synergies will continue to add value for our dealers and our customers for many years to come.”
