CLICK HERE TO VIEW CURRENT ISSUE

Stay Informed
with these

Services
Agri Marketing Update
e-newsletter sent each Monday and Thursday
Agri Marketing
Text Alerts

Big news as it breaks
@AgriMarketing on Twitter
Farm Show Guide
Marketing Services Guide
Books:

National Agri-Marketing Association
NAMA Website
Upcoming Events
Chapters
Agri-Marketing Conf
Best of NAMA 2023












JOHN DEERE FINANCIAL SELLS ITS RUSSIAN OPERATIONS
Farm Equipment magazine reports:

According to a March 8 report from Reuters, Russian-based private equity firm Insight Investment Group has acquired John Deere Financial's Russian operations.

"Insight Investment Group confirmed the acquisition of John Deere Financial LLC, a subsidiary of the U.S. company, but declined to disclose the price. It said the deal had obtained approval from a Russian government commission on the control of foreign investment," the report said.

"Our goal is to build a leasing holding which will unite leasing companies with different areas of expertise," Insight Group told Reuters. "Following this strategy, we have acquired John Deere Financial and do not exclude making other deals in this market."

In a March 7 report from Lesprom, a representative from Insight Investment Group said they were required to rename the company as part of the purchase.

A Dec. 30, 2022, report from Reuters stated foreign investors from "unfriendly" countries could be looking at selling their Russian operations for half their value or less.


Search News & Articles










Proudly associated with:
SIIA AM&P Canadian Agri-food Marketers Alliance National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters Agricultural Communicators Network Livestock Publications Council
All content © 2024, Henderson Communications LLC. | User Agreement