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Deutz-Allis was a company formed when Deutz-Fahr of Germany, part of KHD, purchased the agricultural assets of the Allis-Chalmers corporation in 1985. [ 1 ] Deutz-Allis was eventually sold to the Allis-Gleaner Corporation, or AGCO ), in 1990. [ 2 ]
Hesston 5670 round baler, in 2010. AGCO was established on June 20, 1990, when Robert J. Ratliff, John M. Shumejda, Edward R. Swingle, and James M. Seaver, who were executives at Deutz-Allis, bought out Deutz-Allis North American operations from the parent corporation Klöckner-Humboldt-Deutz AG (KHD), a German company which owned the Deutz-Fahr brand of agriculture equipment.
Deutz (Germany) – merged with Fahr Deutz-Allis (Germany / USA) – formed when Deutz-Fahr bought Allis-Chalmers; purchased by AGCO and became AGCO-Allis Dexheimer (Germany)
The executives took over Deutz-Allis and then purchased the White tractor line and Hesston Corporation brands in 1991. The remaining White-New Idea Company was purchased by AGCO in 1993 from Allied. The White tractor line was produced by AGCO from 1991 through 2001 when the White line was merged with AGCO-Allis to create the AGCO brand.
Mahindra Tractors (India) . Erkunt (Turkey)(part of Mahindra) . ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%); Trakstar (formerly Mahindra Gujarat and Shaktimaan brands)
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In 2012, SAME Deutz-Fahr sold 22 million shares, the majority of its holding in Deutz AG, to Volvo, making of it the largest shareholder at just over 25%. SAME Deutz-Fahr retained 8.4% equity in the company. [14] In 2017, Deutz acquired Torqeedo [15] GmbH, specialist for integrated electric and hybrid drives for boats. Volvo sold all of its ...
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