CNH Industrial has completed its acquisition of precision agriculture technology company Raven Industries. The companies have long been partners.
“Raven is a true pioneer in the precision agriculture space, and their technology is a perfect strategic fit that will differentiate us from our peers and significantly improve our competitive position,” said CNH Industrial CEO Scott Wine. “This acquisition will add strong innovation capabilities to accelerate our precision and digital strategy.”
The first in-house products featuring fully integrated Raven systems will become available in 2022.
Source: Farm Equipment | Member since 2020 | ravenind.com