Krause To Merge With KUHN North America

Krause Corporation, Hutchinson, KS, founded in 1916 by Mr. Henry Krause, as a privately held company, has agreed to a merger acquisition with KUHN Group North America. Krause has been a member of this Association since 1951.

Krause Corporation specializes in the design, manufacturing and marketing of primary and secondary tillage equipment and grain drills, focusing on the high horsepower professional farmer. The company has also recently entered into many new global markets, such as Russia, Ukraine and Australia.

KUHN North America, Inc., located in Brodhead, WI, (member since 1960) is a part of KUHN Group located in Saverne, France, a global corporation with nearly USD $1 billion in revenue, that has been specializing in farm equipment since 1828.

The acquisition is expected to close within the next few weeks, at which time Krause Corporation’s name will change to KUHN KRAUSE, Inc. and it will continue to be located and headquartered in Hutchinson.

The shareholders and employees of Krause Corporation believe the new KUHN KRAUSE, Inc. will be better able to grow and serve farmers in the U.S. and globally as a part of the KUHN organization.

Additionally, Richard A. Brown, President, Chief Operating Officer of Krause Corporation will be retiring the first week of May, 2011 and relocating to Illinois. ◆