Fort and Sitrex have no connection. The Sitrex cutterbar is made by Comer and the Fort cutterbar is made by MBS. The Sitrex make the economy NH mowers. Fort is a member company of ARGO owned by the Morra family. You will soon find Fort mowers and parts hard to get because Fort has pulled out of the USA market. If you don't believe me call these distributors; Darrell Harpe, Buy Smart, WAC, Lovet & Tharp and H.Welchel concerning mowers and parts. The Morra mowers sold by Agri-Supply do have the same cutterbars but have a different style hitch.BRUSSELS, Aug 17 (SNS) � The European Commission said the deadline for its inquiry into Agco Corp.'s (AG), a major maker and seller of farm machinery, proposed acquisition for a major equity stake in Laverda-S.p.A unit of Argo S.p.A is set for this September 14. As reported last June 25, Agco said agreed to acquire a 50 per cent stake in the Italy-based Laverda-S.p.A unit of Argo S.p.A, a privately held maker and seller of farm tractors based in Italy, for undisclosed terms. The acquisition is intended to expand the company's harvest machinery portfolio, Agco said. It follows a statement two years ago by Agco Chairman, President and Chief Executive Officer Martin Richenhagen that the company would "deploy all the resources necessary to become a world leader in harvesting technology." Laverda, which has produced combine harvesters for over 50 years and agricultural machinery and equipment since 1873, has previously manufactured mid-range combines for Agco's Massey Ferguson, Fendt and Challenger brands for distribution in Europe, Africa and the Middle East since 2004, at its facility and headquarters in Breganze, Italy, Agco said. Agco also said its joint stake in the company with Argo will include Laverda's Fella-Werke GMBH, a German manufacturer of grass and hay machinery, and Laverda's 50 per cent stake in Gallignani S.p.A, an Italian manufacturer of balers. "In particular, the integration of Fella and Gallignani provides Argo with direct access to key remaining products to enhance its harvesting offer," Gary Collar, Agco's senior vice president and general manager for Europe, Africa and Middle East, said. It is not known if Fort was included in the sale of Laverda.
|