fbpx
Print this page
Friday, 15 October 2021 10:55

New owner for stoll

Written by  Staff Reporters
Stoll, the well-known manufacturer of tractor front loaders and attachments that claims to be the second largest producer in the world, has been bought by Czech company Agrostroj Pelhřimov. Stoll, the well-known manufacturer of tractor front loaders and attachments that claims to be the second largest producer in the world, has been bought by Czech company Agrostroj Pelhřimov.

German company Stoll, the well-known manufacturer of tractor front loaders and attachments that claims to be the second largest producer in the world, has been brought by Czech company Agrostroj Pelhřimov.

Headquartered in Lengede, close to Hanover, Stoll has production facilities in Germany, Poland and the US, with around 600 employees and a global sales and distribution network that runs to around 5,000 dealers.

Worldwide production is said to be 22,000 units, delivering an annual turnover of €120m.

Claiming to be the leading agricultural machinery manufacturer in Czechoslovakia, the family-owned Agrostroj Group is best known for its drum mowers, while also manufacturing components and machines for the likes of DAF, Scania and Volvo as well as Fendt, John Deere, Krone, Kuhn and Kverneland.

For 2021, the company was aiming for a turnover of around €250m delivered by 2,700 employees before the purchase of Stoll, so together, the two operations are expected to deliver a combined turnover of around €400m.

Published in Machinery & Products

More like this

Woolpress working like a dream

As the maker of the TPW Woolpress celebrates its 50th anniversary, one Christchurch company is singing the praises of the machine, which has been a centrepiece of its operation for most of that time.

Hose runner saves time and effort

Rakaia-based equipment manufacturer Pluck’s Engineering will soon start production of a new machine designed to simplify the deployment and retrieval of temporary water troughs used in winter break feeding.

Case IH partners with Meet the Need

Tractor manufacturer and distributor Case IH has announced a new partnership with Meet the Need, the grassroots, farmer-led charity working to tackle food insecurity across New Zealand one meal at a time.

Popular Reads

Featured

NZEI unhappy with funding cut for teachers

NZEI unhappy with funding cut for teachers

Education union NZEI Te Riu Roa says that while educators will support the Government’s investment in learning support, they’re likely to be disappointed that it has been paid for by defunding expert teachers.

EU regulations unfairly threaten $200m exports

A European Union regulation ensuring that the products its citizens consume do not contribute to deforestation or forest degradation worldwide threatens $200m of New Zealand beef and leather exports.

Bionic Plus back on vet clinic shelves

A long-acting, controlled- release capsule designed to protect ewes from internal parasites during the lambing period is back on the market following a comprehensive reassessment.

National

Top ag scientist to advise PM

A highly experienced agricultural scientist with specialist knowledge of the dairy sector is the Prime Minister's new Chief Science Advisor.

Machinery & Products

Hose runner saves time and effort

Hose runner saves time and effort

Rakaia-based equipment manufacturer Pluck’s Engineering will soon start production of a new machine designed to simplify the deployment and retrieval…