Cervus Equipment sold to Canadian company Brandt with great expectations
The company that grew by buying everything in its path has itself been taken over in a private equity deal that makes it the biggest John Deere dealer in the world Canadian equipment supplier Cervus Equipment, with ten dealerships across Victoria, is the subject of a takeover by fellow Canadian company Brandt Tractor, part of […]
Agrison to pay penalty and compensation for misleading tractor buyers
The Federal Court has ordered AA Machinery Pty Ltd (trading as Agrison) to pay a penalty of $220,000 after it admitted making false or misleading representations to customers Agrison admitted to The Federal Court misleading representations about the warranties and after-sales services, in breach of the Australian Consumer Law. The Court also ordered Agrison to […]
Three major projects will grow agriculture and food sectors a further $20 billion by 2030
A $150 million investment from CSIRO, government and industry termed the Three Missions will be used to tackle drought, the food export market and to grow the protein market CSIRO Chief Executive Dr Larry Marshall said the three missions together aim to capture a $20 billion opportunity for Australian agriculture to extend its position as […]
Drought Resilience Leaders open mentor and mentee positions in round 2
You will have to get your skates on if you want to join in but urgent action and being able to respond quickly is what it’s all about as round 2 applications open for business If you are currently involved in farming and looking for some trusted advice around your career, farming and personal goals, […]
INEOS Grenadier 4×4 hits the outback to prove its worthy to be in your shed
The no-nonsense Grenadier 4×4 vehicle has been designed and built for those who need a rugged, capable and comfortable go anywhere work vehicle To understand the Grenadier, let’s go back to the start. In 2017, INEOS Chairman Sir Jim Ratcliffe, a car enthusiast and experienced adventurer, believed he had identified a gap in the market […]
BKT opens a plant in Waluj India capable of producing 30,000 MT of tractor tyres
It has been a $56 million investment in this state-of the-art site and now it’s paying back with a 30,000 metric tonnes production run each year Just opened for business, there will be around 500 people working at this plant when it’s running at full capacity, and the main product lines will be medium and […]
CBA backs Providence Asset Group’s foray into solar energy farms for $33 million
As solar power farms become big business in being able to deliver renewable energy generation in regional areas it is scoring the backing of a big bank Commonwealth Bank see a big future in solar power energy and has partnered with Providence Asset Group to fund a portfolio of 10 community-based solar farms in regional […]
Agricultural land prices show you are sitting on a gold mine with no need to dig
It’s not often that a bank is prepared to give advice from looking into a crystal ball – but Rabobank has done just that by predicting farm land prices will hold for another five years Agricultural land prices are set to continue to climb for at least the next five years – with the sharpest […]
Nats make Scott Morrison wait for permission to attend the Glasgow summit
If Scott Morrison ever felt indebted to the National Party coalition keeping him in power it would be at its zenith about now It’s simple and it’s their call, the Nats will either allow Scott Morrison to attend the Glasgow climate change summit, or not. A green card will mean go, while a red card […]
Kubota buys AgJunction in a US$72.8 million deal
Kubota has positioning itself to stay up with the main broadacre runners with its surety in precision agriculture secured following the AgJunction buy out AgJunction is an important technology source for Kubota Corporation and to sweeten a buyout deal it offered a no nonsense equity value all-cash transaction for US$72 million, and at a 60% […]