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Europe Daily Bulletin No. 8607

16 December 2003
Contents Publication in full By article 27 / 35
GENERAL NEWS / (eu) eu/competition
Acquisition of Valcra (tractors) by AGCO is cleared

Brussels, 15/12/2003 (Agence Europe) - The European Commission has approved the acquisition of Valtra Inc, a Finnish-based tractor manufacturer, by AGCO Corporation, a US-based manufacturer and distributor of agricultural equipment, from Kone Corp. AGCO owns two tractor manufacturing plants in Europe: one in Beauvais, France, and the other in Marktoberdorf, Germany. The brands marketed by AGCO in EEA countries are "Massey Ferguson" and "Fendt". Valtra, for its part, makes tractors for the...

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