CNH Industrial completes 90% capital stock purchase of Sampierana S.p.A.
31 December 2021 - 8:30AM
London, December 30, 2021
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.
CNH Industrial
N.V. (NYSE: CNHI / MI: CNHI) is a
global leader in the capital goods sector with established
industrial experience, a wide range of products and a worldwide
presence. Each of the individual brands belonging to the Company is
a major international force in its specific industrial sector: Case
IH, New Holland Agriculture and Steyr for tractors and agricultural
machinery; Case and New Holland Construction for earth moving
equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus
for buses and coaches; Iveco Astra for quarry and construction
vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles
for defence and civil protection; and FPT Industrial for engines
and transmissions. More information can be found on the corporate
website: www.cnhindustrial.com
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Contacts:
Corporate Communications Email:
mediarelations@cnhind.com
Investor Relations Email:
investor.relations@cnhind.com
- 20211230_PR_CNH_Industrial_CE_Sampierana_Closing
- 20211230_CS_CNH_Industrial_CE_Sampierana_Closing
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