03.05.2018.
Titan Machinery Inc. objavljuje svoje proširenje na Nemačko tržište
Zapadni Fargo, Severna Dakota- 30.april 2018. - Titan Machinery Inc. ( Nasdaq: TITN ) kompanija, vodeći globalni diler za mrežu sveobuhvatne trgovine vezane za poljoprivrednu i građevinsku mehanizaciju., ponosno objavljuje definitivno postizanje dogovora i na obostrano zadovoljstvo kupovinu kompanije AGRAM Landtechnikvertrieb GmbH i AGRAM Landtechnik Rollwitz GmbH (celokupno“AGRAM” poslovanje), koja je koncipirana iz 4 Case IH poljoprivrednih zastupništva na sledećim lokacijama u severnoistočnoj Nemačkoj: Burkau, Altranft, Rollwitz i Gutzkow. U svojoj predhodnoj fiskalnoj godini, AGRAM je generisao obrt poljoprivredne mehanizacije preko 30 miliona dolara. Konačna primopredaja se očekuje u Julu 2018.godine.
Dejvid Majer, pretsednik i izvršni direktor kompanije Titan Machinery, objavio je: Posebno nam je drago što proširujemo naše međunarodno poslovanje na veliko, stabilno i dobro uspostavljeno tržište Nemačke. Osnovan 1990.godine, AGRAM je uvek bio uspešan Case IH i Steyr dilerski kompleks.
Gospodin Majer navodi i: Tržište kompanije AGRAM je koncipirano iz portfolija koji je u najvećem delu reprezentovan od strane velikih farmi sličan progresivnim i brzorastućim farmama kao što su na Balkanu i Ukrajini. Poljoprivrednici saradnici kompanije AGRAM naseljeni su na teritoriji od preko 300 milja kvalitetne obradive zemlje koja predstavlja granicu Poljske i Češke. Veoma se radujemo ujedinjenju snaga sa postojećim AGRAM menadžmentom i njihovim zaposlenima i dugoročnoj uspešnoj saradnji a sve u cilju opsluživanja ovog važnog tržišta.
O kompaniji Titan Machinery Inc.
Titan Machinery Inc. osnovana 1980.godine sa glavnom centralom u Zapadnom Fargu, Severna Dakota, je vodeći globalni diler za mrežu sveobuhvatne trgovine vezane za poljoprivrednu i građevinsku mehanizaciju. U Američkom području prodajna mreža obuhvata države: Severna Dakota, Južna Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, i New Mexico, a u Evropskom lokacije u: Rumuniji, Bugarskoj, Srbiji i Ukrajini. Svaka Titan Machinery ispostava predstavlja jedan ili više CNH brendova što podrazumeva Case IH, New Holland Agriculture, Case Construction, New Holland Construction, i CNH Capital.
Dodatne informacije o kompaniji Titan Machinery pronađite ovde: http://www.titanmachinery.com/
Titan Machinery Inc. Announces Expansion into Germany
West Fargo, ND – April 30, 2018 – Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, announced today it has entered into a definitive purchase agreement to acquire all interests of two companies, AGRAM Landtechnikvertrieb GmbH and AGRAM Landtechnik Rollwitz GmbH (collectively “AGRAM”), which consist of four Case IH agriculture dealership locations in the following cities of Germany: Burkau, Altranft, Rollwitz and Gutzkow. In its most recent fiscal year, AGRAM generated revenue of approximately $30 million. The acquisition is expected to close in July, 2018.
David Meyer, Titan Machinery’s Chairman and Chief Executive Officer, stated, “We are excited to expand our international presence into the large, stable and well-established markets of Germany. Founded in 1990, AGRAM has been a successful Case IH and Steyr dealership complex.”
Mr. Meyer continued, “The AGRAM market is populated with large acre farm units, similar to the progressive farms in our markets in the Balkans and Ukraine, and covers a territory stretching over 300 miles of quality farmland bordering Poland and the Czech Republic. We look forward to joining forces with the current AGRAM management team and employees to continue AGRAM’s long-standing commitment to successfully serve this important market.”
About Titan Machinery Inc.
Titan Machinery Inc., founded in 1980 and headquartered in West Fargo, North Dakota, is a leading global dealership with a network of full-service agriculture and construction stores. The network consists of US locations in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, and European locations in Romania, Bulgaria, Serbia, and Ukraine. Each of the Titan Machinery locations represent one or more of the CNH Industrial Brands, including Case IH, New Holland Agriculture, Case Construction, New Holland Construction, and CNH Capital. Additional information about Titan Machinery Inc. can be found at www.titanmachinery.com.
