CNH Industrial to acquire four CEG divisions in South Africa

CNH Industrial announced its intention to acquire four divisions of Capital Equipment Group (CEG) in South Africa: Northmec, CSE, NHSA and Landboupart, to strengthen its direct distribution network for agriculture and construction equipment in Southern Africa. The transaction is subject to Competition Commission clearance.

“CNH Industrial announces its intention, subject to clearance from South Africa’s Competition Commission, to expand its direct presence in Southern Africa’s agriculture and construction equipment sectors.”globenewswire.com

• 1 source
• globenewswire.comCNH Industrial signs agreement to acquire full control ofCNH Industrial N.V.Jul 20, 2020

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