Farm King

Farm King

Farm King is a Canadian company that provides a wide range of agricultural equipment, including tillage, seeding, harvesting, and haying equipment. The company was established in 1956 and has since become a leading supplier of farm machinery across Canada and the United States. With a network of ove...

Farm King is a Canadian company that provides a wide range of agricultural equipment, including tillage, seeding, harvesting, and haying equipment. The company was established in 1956 and has since become a leading supplier of farm machinery across Canada and the United States. With a network of over 1,500 dealers and distributors, Farm King is able to offer its customers a comprehensive range of agricultural solutions, from small-scale operations to large-scale commercial farms.

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Image for A new owner for Versatile

The Western Producer

A new owner for Versatile

Buhler Industries, parent company of the Versatile and Farm King brands, revealed in July it was searching for a “long-term investment partner.” In late December, it announced that Turkish tractor manufacturer Basak Traktor, a wholly-owned subsidiary of ASKO Holding, was buying 96.7 percent of outstanding shares for $60.5 million. “One of the keys for us...

Image for Başak Traktör of Turkey looks to move Versatile brand forward

AGCanada

Başak Traktör of Turkey looks to move Versatile brand forward

“One of the keys for us was making sure we found a partner that was committed to preserving the Versatile and Farm King brands,” said Adam Reid, VP of sales and marketing at Versatile. “We wanted to make sure the viability of the plant here in Winnipeg and our staff was secure. And taking care of all of our stakeholders, the suppliers, shareholders.”

Image for Buhler books bigger profit as supply chain issues pass

AGCanada

Buhler books bigger profit as supply chain issues pass

The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8...

Image for Ag equipment firm Buhler Industries shakes up board table

AGCanada

Ag equipment firm Buhler Industries shakes up board table

Board oversight of Winnipeg farm equipment manufacturer Buhler Industries will now include another of the company's upper managers, as a co-owner of the company's Russian parent firm and the company's founder both step down. Buhler's board announced Wednesday it has accepted the resignation of Konstantin Babkin, the president and co-owner of Russian holding company Novoe...

Image for Equipment maker Buhler distances self from Ukraine invasion

AGCanada

Equipment maker Buhler distances self from Ukraine invasion

A Winnipeg farm equipment manufacturer is distancing itself from Russia's invasion of Ukraine. Buhler Industries, which manufactures the Versatile tractor line and Farm King equipment, is majority-owned by the Russian firm Combine Factory Rostselmash. That firm purchased an 80 per cent stake in Buhler in 2007 and boosted that to 97 per cent ownership in...

Image for Versatile tractor maker's majority owner boosts stake

AGCanada

Versatile tractor maker's majority owner boosts stake

The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler,...


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