CNH Industrial completes Sampierana purchase
By Dan Colombini31 December 2021
CNH Industrial has completed the purchase of 90% of Sampierana, the Italian compact construction equipment manufacturer.
As previously announced on August 30, 2021, the acquisition of the remaining 10% of the transaction will occur over the next four years, as part of the transition plan.
Sampierana develops, manufactures and sells mini excavators and other earthmoving machines, as well as undercarriages and spare parts.
The acquisition will enable CNH Industrial’s Construction Equipment business to integrate Eurocomach mini and midi excavators, Sampierana undercarriages and spare parts into its current product range alongside those of its existing third-party OEM partners.
At the end of August, Scott Wine, CEO of CNH Industrial said: “This latest strategic acquisition will further accelerate the profitable growth of our construction equipment business.
“Sampierana’s exceptional portfolio solidifies our presence in critical market segments and provides our dealers and customers access to industry-leading products backed by our brand, distribution, and manufacturing experience.”