rdfs:comment
| - Gallagnani has always been a baler manufacturer, based in Italy. In 2005, Laverda SpA, owned by ARGO, purchased 50% of the company, with the remaining 50% resting with the Gallagnani family. In 2007, AGCO, of the USA, purchased 50% of Laverda, and signed agreements for Gallagani to manufacturer balers for their Massey Ferguson and Fendt brands.
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abstract
| - Gallagnani has always been a baler manufacturer, based in Italy. In 2005, Laverda SpA, owned by ARGO, purchased 50% of the company, with the remaining 50% resting with the Gallagnani family. In 2007, AGCO, of the USA, purchased 50% of Laverda, and signed agreements for Gallagani to manufacturer balers for their Massey Ferguson and Fendt brands. In 2010, ARGO and AGCO announced plans to divest of their Gallagnani investment,. Also in 2010, Kverneland Group entered a long-term joint venture commitment with Gallignani s.p.a. with a new range of round balers (fixed and variable chamber), wrappers and a new range of drum mowers under the Kverneland and Vicon brands, and purchased 30% of Gallagnani from AGCO. In 2012, Kverneland acquired 100% of the round baler business of Gallagnani, while the Gallagnani family, as IG Holding, retains the square baler business and the manufacturing plant in Turkey.
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