Ford to acquire Sperry New Holland to boost farm gear reach
Ford Chairman Donald E. Peterson announced a $330 million purchase of Sperry New Holland, including global assets and liabilities, to strengthen Ford Tractor Operations. The deal adds a full line of harvesting and material handling gear to Ford's offerings, expanding sales to more than $2 billion with 118,000 employees in 100 countries. The acquisition awaits government clearance and will be integrated with no immediate lineup changes.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Sperry New Holland
Ford
Donald E. Peterson
New Holland
Peterson
Clos
Ford Tractor
Holland
Farm Services offers mineral rights sale by private offering
Farm Credit Services a private sale of Federal Land Bank mineral rights in Michigan Minnesota North Dakota and Wisconsin seeks sealed bids by November 25 from about 500 accredited investors. Bids must be for entire state or multistate tracts not per individual tract with sale possibly by December 31 1985.
MENTIONED IN THIS ARTICLE
Farm Credit Services
St. Paul
Federal Land Bank of St. Paul
Michigan
Minnesota
North Dakota
Wisconsin
The
Federal Land Bank of
FCS
Land Bank
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Sperry
Dearborn
Ford Tractor Operations
Troy
Mich
Romeo, Mich
United States
Canada
Belgium
France
United Kingdom
Brazil
Farm Services
Farm Credit Services Board of Farmer Directors
Mountville
Belleville
Grand Island
Lexington
Neb
Australia
Henry Ford
Steel and Motors
England
Lancaster County
Abe Zimmerman
Young Company
George C. Delp
New Holland International
Sperry Corp
Verkuizen Leon Claeys
Zedelgem
Midwest
Ettrick
Wiph
Duane Johnson
Mgr
Chianina
Limousin Simmental
Eau Claire Co
Price Co
Larkean Co
Northern
Wisc
Trempealeau Co
Carcas
Dunn Co
Pierce Co
Afm
Aan
H & Ffap
Bruce Westhuis
R.R
Menomoni
Altoona
Dave Fishbaugher
Cody R.R. 5
Menomonie
John Deere
Case
Allis
Sandwater Equipment
Westfield
Heart of
Dairyland Seed Rt
Mt. Hope
J.H.C
H.C
M & Super M
I.H
Tri-State
Idea
S.H. M
Glenco
Keenan's, Inc
Whitehall, WI
Hwy