Turkish manufacturer Basak Traktör reaches deal to buy 97% of Versatile parent Buhler Industries
Real Agriculture
DECEMBER 20, 2023
The parent company of Basak Traktör — an agricultural manufacturer based in Turkey — has reached a deal to acquire 97 per cent of the shares in Manitoba-based Buhler Industries from Russia’s largest agricultural manufacturer, Rostselmash. Buhler, which employs around 800 people building Versatile tractors and Farm King equipment, has been majority-owned by Rostselmash since.
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