Who to call at CNH Industrial N.V, and when
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CNH Industrial agrees to sell a 70% stake in its construction equipment business to Kobelco for $700 million.
Contract Type
partnership
AmsterdamIndustrial Machinery ManufacturingDescription
CNH Industrial N.V. has reached an agreement to sell a majority stake in its construction equipment division to Kobelco Construction Machinery Co. for $700 million. This strategic move is part of CNH's effort to pivot towards agricultural equipment and simplify its business structure.
Quick answer
CNH Industrial agrees to sell a 70% stake in its construction equipment business to Kobelco for $700 million. (November 12, 2026). CNH Industrial N.V is based in Amsterdam, North Holland, Netherlands.
- What agreement did CNH Industrial N.V announce on November 12, 2026?
- CNH Industrial N.V. has reached an agreement to sell a majority stake in its construction equipment division to Kobelco Construction Machinery Co. for $700 million. This strategic move is part of CNH's effort to pivot towards agricultural equipment and simplify its business structure.
- What does CNH Industrial N.V do?
- CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class capital goods company specializing in equipment and services for Agriculture and Construction.
- Where is CNH Industrial N.V based?
- CNH Industrial N.V is based in Amsterdam, North Holland, Netherlands.
Source: Fundz verified event record.
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