New Holland Agriculture will expand its offering with new implement product lines as a result of CNH Industrial’s agreement to acquire the agricultural Grass and Soil business of Kongskilde Industries, part of the Danish Group Dansk Landbrugs Grovvareselskab (DLG A.m.b.A.).



This business develops, manufactures and sells solutions for agricultural applications in the Tillage, Seeding and Hay & Forage segments under various brands, including Kongskilde, Överum and JF. Kongskilde.

It has been annunced that Kongsilde will continue to operate through its current sales organisation and its dealer and importer network ensuring continuity in its customers’ support.

New Holland say this acquisition will create a major extension and enhancement of their offering with the addition of a key product portfolio.  

The agreement is described as an important element in New Holland’s strategy to provide customers around the world with innovative and complete solutions to their farming needs by adding tillage and seeding equipment to its product portfolio and extending its hay and forage offering. New Holland say they will leverage their worldwide strength in the agricultural industry and the expertise of the Kongskilde Grass and Soil organisation and dealer network to grow the brand and its business.

“The acquisition of the Tillage, Seeding and Hay and Forage activities of Kongskilde adds a key product range that will further broaden New Holland Agriculture’s product offering within the agricultural machinery sector. In the meantime the Kongskilde dealer and importer network will remain the reference point for their customers. This agreement will provide growth opportunities and create a strong platform to develop the Kongskilde business and its brands and we will also gradually integrate their products in the New Holland portfolio”, said Carlo Lambro, Brand President of New Holland Agriculture.

Mr. Kim Balle, Chairman of Kongskilde and COO of DLG Group said, “We are satisfied that there will be a new strong owner of Kongskilde Agriculture. CNH Industrial will continue to service Kongskilde Grass and Soil customers and end-users, while developing the business further. The transaction will also enable DLG to focus on the development of our two remaining business areas Kongskilde Industry and Kongskilde Grain and release of their full potential."

The acquisition comprises a transfer of assets related to the Tillage, Seeding and Hay & Forage activities of Kongskilde Industries. The manufacturing footprint of this business includes two plants in Europe, located in Poland and Sweden, and other facilities in the EMEA, APAC and NAFTA regions. The transaction is subject to various closing conditions, including regulatory approvals.

“We are proud to welcome the well-established products and brands of Kongskilde, Överum and JF into the CNH Industrial Group. It is our intention to build upon these proud heritages and significantly increase their market access as part of our worldwide distribution network,” commented Richard Tobin, CEO of CNH Industrial.