Farmer from finland
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Post by Farmer from finland on Jul 1, 2002 13:54:57 GMT 1
Hello from Valtra homeland. There is rounding 'rigid' news that Deere is eating valtra tractor company,so that this contract is going to publish maybe during this week. Whats going on is other thing. ???Who Knows
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Post by HPP on Jul 1, 2002 15:15:07 GMT 1
Wow!? Can´t help but wondering why though. What would be the purpose? I mean, they sure don´t have to by the finns. Buy marketshare maybe - but then there are other ways and they know of them all!
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Post by Jon Bos on Jul 1, 2002 16:03:11 GMT 1
Geesh I hope that Deere isn't going to eat Valtra. That would just be terrible, and yet it would be a great compliment at the same time. It would show Deere's insecurity. They know that once the Valtras are accepted in the US, Deere might lose tractor sales.
If you can't beat them, buy them out or steal their technology.
Please Valtra, stay independent
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Post by Woodbeef on Jul 1, 2002 18:06:34 GMT 1
From what I'm being told it is Valtra's parent Partek's share that the Finnish government owns that is being bought. But by another well known Finnish company not Deere.
Boy I sure hope Deere does not get Valtra if they are spun off!!
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Post by kenjar on Jul 1, 2002 18:10:26 GMT 1
Sure hope it is only a rumor, I too would like for them to stay independent.
I would think if Partek would want to sell or merge, it would be with someone like Claas. No products of conflict.
Historicaly when Deere does buy something, it is something they don't have or is something of a lessor quality than they already sell. Valtra does not fit this scenario.
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Post by Martijn Oortgiese on Jul 1, 2002 21:46:00 GMT 1
Maybe they will buy by Buhler or Claas Buhler will sell in europe. Maybe the can get components fom valtra. And sell the genesis in Valtra outfit. And Valtra can get more marketshase in North America by selling to Versatile dealers. Versatile has now low horsepower class. And Claas has to say they will in the tractormarket. They will good partners. Will see
In hope no deere. Everything what deere buy get the deere name. Just like CIH and NH. If you will survive you can better catch by AGCO
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Post by Martijn Oortgiese on Jul 1, 2002 21:46:49 GMT 1
Maybe they will buy by Buhler or Claas Buhler will sell in europe. Maybe the can get components fom valtra. And sell the genesis in Valtra outfit. And Valtra can get more marketshase in North America by selling to Versatile dealers. Versatile has now low horsepower class. And Claas has to say they will in the tractormarket. They will good partners. Will see
In hope no deere. Everything what deere buy get the deere name. Just like CIH and NH. If you will survive you can better catch by AGCO
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Post by European A on Jul 1, 2002 22:57:50 GMT 1
Valtra being bought by Deere & Co? Come on... I think Deere would buy Renault Agriculture instead of Valtra if they are really interested in getting a European brand. At least there is a current cooperation between the Frenchs and the Americans... But I don´t think these two independent companies (Valtra & Renault) want to be bought by any other brand. Claas was trying to buy one of them for the last year and none of them were interested. Anyway...(sadly, I must say)...everything s possible
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Post by eppie on Jul 1, 2002 23:10:43 GMT 1
Hey Martijn,
Why would Buhler wants Valtra?? The Genesis is from 170 to 240 hp, the S series 230 and 260 hp, with better quality. They will win nothing with it.
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Post by JoeinTX on Jul 2, 2002 4:26:25 GMT 1
As European A stated above, if JD wanted to grab more in Europe I would expect them to buy up Renault Agri. Yes, their existing partnership makes it more believable and as recent history shows corporate alliances seem to be the inroad to actual merger/buyout. Hopefully, neither the underrated Renault nor the fresh and aggressive Valtra will bow down to the Green Menace. Why would JD want Valtra? Market share? To stamp out domestic competition? Other than engines I see nothing that John Deere could really incorporate into their own operation. Viva la independents (sic)!..........
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Post by Laapa on Jul 2, 2002 9:16:18 GMT 1
"...bow down to the green Menace..."? That's a bit strong isn't it?
I've heard rumors of Valtra being sold as well, but JD? Doubt it. Don't need it, never wanted it, propably wouldn't be allowed to! I think the EU would have some issues with such a merger. Valtra is a much bigger brand in Europe than the US (well DUH!) and combined with JD they'd get a larger marketshare than some might like.
Can't really see Buhler buying it either. They've shown no interest in the European market at all that I am aware of. (Though that might change soon now. With the design of the TG series I bet there are some diehard NH fans who will desperately want to get a hold of a Genesis machine still. Just my own theory though.)
That's my thoughts, but I never understood or foresaw the CIH/NH or AGCO/CHALLENGER deals either.
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Post by HPP on Jul 2, 2002 9:46:41 GMT 1
Don´t be sorry for not understanding or foreseeing the deals in the business Laapa, you´re not alone. I think the only possible way to foresee those things is to be part of the discussions. BTW did you guys know that once there was talk of a merger between Fendt and New Holland? This was way back when NH was a part of Sperry. The idea was that NH was to sort of buy out itself from Sperry, thus being an independant company of somewhat the same size as Fendt. There wasn´t ever talk about one buying the other only sort of a joint venture. The discussions abruptly stopped as soon as a guy who knew about it couldn´t keep his mouth shut. In all my years in the business knowledge of things like these has always been a spicy part of the job.
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Post by eppie on Jul 2, 2002 11:06:38 GMT 1
Did you mean Ford-New Holland or just New Holland?
I wouldn't believe if Fendt would have the same size as a company as Ford-New Holland.
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Post by HPP on Jul 2, 2002 11:56:53 GMT 1
That was before Ford-New Holland. New Holland was then a "small" company within the Sperry Corporation, former Sperry Rand. Don´t really know, but I think that it actually was the closing of these discussions that started the discussions that led to the Ford-New Holland deal.
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Post by kenjar on Jul 2, 2002 15:04:21 GMT 1
I have read that in the late 1950's the Green Menace and Massey were considering a possible merger. Alright , John Deere(having a little fun with Laapa, I hope he doesn't mind). Deere wanted access to international markets. As it worked out they bought Lanz instead.
Can you imagine a Deere-Massey?
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