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Article: Case Corporation Reaches Agreement to Acquire DMI, Inc., the Leading North American Producer of Soil Management Equipment.
- Article from:
- Business Wire
- Article date:
- September 28, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RACINE, Wis.--(BUSINESS WIRE)--Sept. 28, 1998--
DMI has Industry's Leading Market Share and Strong Margins
Case Corporation (NYSE:CSE) said today that it has reached an agreement to acquire the agricultural equipment business of DMI, Inc., the leading maker of soil management equipment in North America. In addition to broadening Case's implement business to include an innovative line of tillage and fertilizer applicator products, the acquisition adds DMI's recognized knowledge in soil management to Case's growing farm practice expertise, which includes use of Case's AFS system for precision farming.
Terms of the agreement were not disclosed.
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