# Kubota to become largest shareholder in Escorts Limited

Kubota Corporation announced a deal to become the largest shareholder in Escorts Limited, India's fourth largest tractor manufacturer, gaining control/joint control. The Nanda family will remain in top management.

- Type: Acquisition
- Announced: 2021-12-11
- Where: India
- Status: announced
- Products: tractors, farm equipment
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kubota](https://endata.com/companies/5208.md) (acquirer)
- [Escorts](https://endata.com/companies/19266.md) (target)

## Sources

- [mnacritique.mergersindia.com](https://mnacritique.mergersindia.com/escort-kubota-deal/), 2021-12-11: "Kubota announced that it will take the driver seat in Escort while the existing promoters, the Nanda family will continue to be part of top management."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.