An earthquake-like announcement, they had been waiting for this news for months in agricultural machinery manufacturing

News of a massive company acquisition has emerged in the area of forklifts, and it will likely affect Hungarian farmers as well. The global agricultural machinery manufacturing sector is in continuous restructuring, and acquisitions are presumably being driven by the sector's ongoing crisis. Recently, a Korean company involved in agriculture and construction is preparing to absorb its German competitor. Wacker Neuson is a Munich-based corporate group that owns machines under its own name as well as the Kramer, Weidemann, and Enar brands. Its manufacturing sites operate in Germany, Austria, Serbia, as well as in the United States and China. It is therefore no coincidence that Doosan Bobcat has set its sights on it, a company well-known to those interested in agriculture and construction. The Korean giant company intends to purchase a majority stake in the Munich-based company, but the deadline for finalizing the deal is still uncertain. Wacker Neuson has confirmed the advanced ...