The era of Russian ownership of Buhler Industries — the makers of high-horsepower Versatile tractors and Farm King equipment — is over. Turkish manufacturer Basak Traktör says it has formally closed its purchase of 96.7 per cent of the shares in Buhler Industries from Rostselmash on Dec. 28 — eight days after the deal was… Read More
Tag: John Buhler
Buhler Industries has replaced one of its Russian directors who was seen as a potential target for sanctions over Russia’s invasion of Ukraine. The company, which makes Versatile tractors and Farm King equipment, says its board of directors has accepted the resignation of Konstantin Babkin, who has served on Buhler’s board since the Russia-based farm… Read More
The previous owner and namesake of Buhler Industries has sold his remaining stake in the Winnipeg, Man.-based company to Russian farm equipment maker Rostselmash. John Buhler sold 80.4 per cent of the shares in Buhler Industries to Rostselmash for $145 million in 2007. On December 22, 2021, Buhler and Highland Park Financial Inc., which he… Read More