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CNH INDUSTRIAL COMPLETES ITS 90% PURCHASE OF SAMPIERANA
Dec. 30, 2021
Source: CNH Industrial news release
London--CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today that it has completed its purchase of 90% of the capital stock of Sampierana S.p.A. As previously announced on August 30, 2021, the acquisition of the remaining 10% of the transaction will occur over the course of the next four years, through predetermined mechanisms, to ensure a smooth managerial transition.
Sampierana is an Italian company specializing in the development, manufacture and commercialization of earthmoving machines, undercarriages and spare parts.
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