CNH acquires full ownership of an Indian joint venture of construction machinery
on April 25, 2011
cnh Global nv, agricultural machinery and construction sector specialist, He has acquired full ownership of L & T - Case Equipment Private Limited, a non-consolidated joint venture created in 1999 with Larsen & Toubro Limited to manufacture and sell construction machinery and building in the India. The new fully-owned company will take the name of Case New Holland Construction Equipment India Private Limited.
The company, with more than 600 employees, has a production facility in Pithampur, Madhya Pradesh, and a network of 56 distributors and 144 points of sale. With this investment, CNH confirms its commitment to consolidate its manufacturing base for your business of construction at Pithampur plant machinery. In addition, the company intends to continue investing in its offer of construction machinery Case and strengthen sales network to respond to the most important needs of the construction in local markets and export sector.