CNH INDUSTRIAL SIGNS AN AGREEMENT TO ACQUIRE THE MANUFACTURER OF MINI AND MIDI EXCAVATORS SAMPIERANA S.P.A.

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced that it has entered into an agreement to acquire a 90% interest in Sampierana SpA, a privately held Italian company specializing in the design and manufacture of earthmoving machinery, undercarriage and spare parts. Within four years of closing, CNH Industrial will have full control of the company. The €101.8 million deal is expected to close in the fourth quarter of 2021.

“This strategic acquisition will further accelerate the profitability of our construction equipment business. Sampierana’s unique portfolio will strengthen our position in the most important market segments, and dealers and customers will have access to industry-leading products backed by our brand, dealer network and manufacturing expertise,” said Scott Wine, CEO of CNH Industrial. – I want to thank Construction President Stefano Pampalone and his team for bringing this transaction to completion and for their excellent work in transforming the construction side of our business, reducing our environmental footprint and returning it to profitability – an impressive achievement given the challenging market conditions.”

The Sampierana Group, which has built an excellent reputation in the construction sector with its line of Eurocomach mini and midi excavators, performed well compared to last year, particularly in Europe. Sampierana’s reliable, high-quality and innovative products are widely recognized. The company’s impressive product line, extensive customization options and existing electrical prototypes fit perfectly with CNH Industrial’s customer-focused and sustainable development approach. The agreement also means a significant expansion of the product range and technology offered by the group.

This acquisition will enable CNH Industria’s construction equipment division to integrate Eurocomach mini and midi excavators, Sampierana undercarriages and spare parts into its current range alongside the products of existing third-party original equipment manufacturer partners. The agreement confirms CNH Industrial’s commitment to invest heavily in its own construction equipment production and to develop it further, improving its position in the highly sought-after mini and midi excavators market.

Sampierana’s headquarters and production sites are located in Italy.

Using mini-excavators, in particular JCB mini excavator and BobCat mini loader for landscaping

With the help of special equipment it is possible to implement any idea of a landscaper. The most commonly used equipment for work on countryside plots are mini excavators and mini skid steer loaders.

Mini excavators have become so popular due to their versatility and reliability. Due to a huge number of interchangeable attachments, mini excavators JCB are used for a full list of landscaping work, construction tasks and landscaping. In addition, the small size allows the most difficult operations in tight spaces.

Regardless of its size and not much weight, JCB and BobCat mini-machines are capable of lifting the soil to a great height during loading and unloading operations. In addition, the low weight allows the use of rubber tracks, so paths and lawns in the country side will not be damaged. High power and load capacity combined with the depth of digging, also speaks in favor of the use of machinery in landscaping. When implementing the ideas of a landscaper mini excavators are equipped with soil aerators, designed for sorting the soil of boulders and construction waste.

Mowing old stumps, crushing and removing boulders, drilling wells, trenching for utilities, backfilling and compacting pits – no task can be solved without mini excavator.

JCB mini excavators are used for a wide range of works from excavating pits for foundations and digging soil for a pond or swimming pool to clearance of the territory on the site. Due to the design of the excavator, which significantly reduces the noise level at work, these machines can easily be used in populated areas.