Editorial team · Farm Machinery
InfoWeb Marketplace · Editorial team
Published on 8 March 2012 · 2 min read
CNH announces strategic partnership with Orkel AS
InfoWeb Marketplace · Editorial teamPublished on 8 March 2012 · 2 min read
CNH, a global leader in the manufacture of agricultural and construction equipment, announced today a long-term strategic partnership with Orkel AS, which dominates the Norwegian market for high-performance fixed-chamber round balers, compactors and tractor trailers.
This partnership with Orkel will cover several key areas of collaboration, which will enable CNH to strengthen its dominance in the agricultural sector. CNH will acquire the intellectual property rights and the equipment for Orkel's fixed-chamber round balers, and Orkel will become CNH's first technical partner for the development of a new generation of high-performance, high-capacity fixed-chamber round balers.
This agreement combines CNH's expertise in tractors, sprayers, combine harvesters, forage harvesters and other agricultural equipment of every category and power rating with the cutting-edge technology of Orkel's high-performance fixed-chamber round balers.
?Our partnership with Orkel, one of the leading players in the high-capacity fixed-chamber round baler and compactor sector, demonstrates CNH's intention to strengthen its presence in the hay and forage equipment sector. Thanks to this agreement, CNH's offering will be in line with market trends and requirements, which will allow us to better meet the constantly evolving needs of our international customers,? said Richard Tobin, President and CEO of CNH.
?We are delighted to be able to leverage our market position, to the great benefit of our customers in Europe, and to become CNH's technical partner in the excellent baler segment,? said Jarl Gjønnes, Owner and Chairman of Orkel.
Orkel-CNH products will be sold under the Orkel, New Holland Agriculture and Case IH brands through their respective dealer networks.
**About CNH**
CNH Global N.V. is a global leader in the manufacture of agricultural and construction equipment. Backed by more than 11 300 dealers in approximately 170 countries, CNH combines the knowledge and heritage of its Case and New Holland brands with the strength and resources of its worldwide commercial, industrial, logistics and financial organizations. CNH Global N.V., whose shares are listed on the New York Stock Exchange (NYSE: CNH), is a majority-owned subsidiary of Fiat Industrial S.p.A. (FI.MI).
This partnership with Orkel will cover several key areas of collaboration, which will enable CNH to strengthen its dominance in the agricultural sector. CNH will acquire the intellectual property rights and the equipment for Orkel's fixed-chamber round balers, and Orkel will become CNH's first technical partner for the development of a new generation of high-performance, high-capacity fixed-chamber round balers.
This agreement combines CNH's expertise in tractors, sprayers, combine harvesters, forage harvesters and other agricultural equipment of every category and power rating with the cutting-edge technology of Orkel's high-performance fixed-chamber round balers.
?Our partnership with Orkel, one of the leading players in the high-capacity fixed-chamber round baler and compactor sector, demonstrates CNH's intention to strengthen its presence in the hay and forage equipment sector. Thanks to this agreement, CNH's offering will be in line with market trends and requirements, which will allow us to better meet the constantly evolving needs of our international customers,? said Richard Tobin, President and CEO of CNH.
?We are delighted to be able to leverage our market position, to the great benefit of our customers in Europe, and to become CNH's technical partner in the excellent baler segment,? said Jarl Gjønnes, Owner and Chairman of Orkel.
Orkel-CNH products will be sold under the Orkel, New Holland Agriculture and Case IH brands through their respective dealer networks.
**About CNH**
CNH Global N.V. is a global leader in the manufacture of agricultural and construction equipment. Backed by more than 11 300 dealers in approximately 170 countries, CNH combines the knowledge and heritage of its Case and New Holland brands with the strength and resources of its worldwide commercial, industrial, logistics and financial organizations. CNH Global N.V., whose shares are listed on the New York Stock Exchange (NYSE: CNH), is a majority-owned subsidiary of Fiat Industrial S.p.A. (FI.MI).
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