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… Read More

Winnipeg, Manitoba-based farm equipment manufacturer Buhler Industries is reporting progress on finding a new long-term investor. The company that employs around 800 people building Versatile tractors and Farm King equipment announced in July that it had hired Toronto-based Origin Merchant Partners to find an investor who is committed to “preserving the legacy of the iconic… Read More

Editor’s note: This article has been updated several times, with quotes from a statement issued by Buhler Industries on Thursday morning, details regarding new sanctions announced by the Canadian government Thursday afternoon, and quotes from Member of Parliament James Bezan. Canada’s response to Russia’s invasion of Ukraine could potentially affect Winnipeg, Man.-based tractor and farm… Read More

 

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