Who owns Case New Holland? This question has intrigued many individuals interested in the agricultural machinery industry. Case New Holland, a leading manufacturer of agricultural equipment, has a complex ownership structure that has evolved over the years. Understanding the current owner of Case New Holland is crucial for those who want to know the direction and future of the company.
Case New Holland was originally founded in 1999 as a result of a merger between two prominent agricultural equipment manufacturers: Case Corporation and New Holland N.V. Case Corporation, founded in 1842, was an American company known for its tractors and agricultural machinery. New Holland N.V., on the other hand, was a Dutch company with a long history in the agricultural sector. The merger was a strategic move to create a global leader in the agricultural equipment market.
After the merger, the new company, Case New Holland, was owned by a consortium of investors, including the Ford Motor Company and the Italian industrial group FIAT. The Ford Motor Company, which had acquired Case Corporation in 1991, held a significant stake in the merged entity. However, in 2012, FIAT took full control of Case New Holland, making it a fully-owned subsidiary.
In 2016, the ownership of Case New Holland changed once again when it was acquired by CNH Industrial N.V., a global company specializing in capital goods. CNH Industrial was formed through the merger of Fiat Industrial and CNH Global. The acquisition of Case New Holland by CNH Industrial marked the beginning of a new era for the company, as it became part of a larger, more diversified group.
Today, CNH Industrial N.V. is a publicly-traded company listed on the New York Stock Exchange and the Milan Stock Exchange. It is owned by a group of investors, with the largest shareholder being the Exor N.V. holding company, which is controlled by the Agnelli family. The Agnelli family has a long-standing tradition in the automotive industry, with roots dating back to the early 20th century.
In conclusion, the current owner of Case New Holland is CNH Industrial N.V., a global company that specializes in capital goods. The company’s ownership structure has seen several changes over the years, but its core focus on agricultural equipment has remained constant. As the agricultural industry continues to evolve, the direction and future of Case New Holland will be shaped by the strategic decisions made by its parent company, CNH Industrial N.V.
