AMA closes acquisition of agriculture division of CMR Group
Following the binding agreement signed on 5 November, 2024, AMA – an Italian leader in providing solutions and components for off-highway vehicles – has closed its acquisition of the agriculture division of CMR Group. As a result of this transaction, AMA has acquired 100% of the share capital of CMR Agriculture and 51% of the share capital of Taizhou CMR Machinery, which together represent the agriculture division of CMR Group. This division specialises in the design, manufacturing, and commercialization of gearbox housings, reducers, drive shafts, disc bars, and spare parts for machinery used in agricultural, forestry and gardening applications. Continue reading AMA closes acquisition of agriculture division of CMR Group at Industrial Vehicle Technology International.
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Following the binding agreement signed on 5 November, 2024, AMA – an Italian leader in providing solutions and components for off-highway vehicles – has closed its acquisition of the agriculture division of CMR Group.
As a result of this transaction, AMA has acquired 100% of the share capital of CMR Agriculture and 51% of the share capital of Taizhou CMR Machinery, which together represent the agriculture division of CMR Group.
This division specialises in the design, manufacturing, and commercialization of gearbox housings, reducers, drive shafts, disc bars, and spare parts for machinery used in agricultural, forestry and gardening applications.
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