Same-Deutz-Fahr Buys Turkish JV
Same Deutz-Fahr has announced the acquisition of 100 percent of the shares in the Turkish joint venture that the company established in November 2012 with the Şahsuvaroğlu Group. Same Deutz-Fahr acquired the remaining 15% of the shares owned by the Şahsuvaroğlu family.
The acquisition includes commercial activities in Istanbul and a production plant in the city of Bandirma, in northwestern Turkey. The new subsidiary in Turkey will take the name of Same Deutz-Fahr Traktör Sanayi ve Ticaret A.Ş.