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(Versatile-ag.com)
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Başak Traktör of Turkey looks to move Versatile brand forward

Buhler Industries announced the Turkish firm had bought its majority stake

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“One of the keys for us was making sure we found a partner that was committed to preserving the Versatile and Farm King brands,” said Adam Reid, VP of sales and marketing at Versatile. “We wanted to make sure the viability of the plant here in Winnipeg and our staff was secure. And taking care of all of our stakeholders, the suppliers, shareholders.”
Buhler Industries’ Versatile Nemesis 235 tractor. (Versatile-ag.com)

Buhler books bigger profit as supply chain issues pass

Company now seeking 'long-term investment partner'

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The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8
Adam Reid. (Photo courtesy Buhler Versatile)
Crops

Ag equipment firm Buhler Industries shakes up board table

Rostselmash's Babkin steps down, founder Buhler to retire

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Board oversight of Winnipeg farm equipment manufacturer Buhler Industries will now include another of the company’s upper managers, as a co-owner of the company’s Russian parent firm and the company’s founder both step down. Buhler’s board announced Wednesday it has accepted the resignation of Konstantin Babkin, the president and co-owner of Russian holding company Novoe
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler,
(Versatile-Ag.ca)
Crops

Equipment maker Buhler books year-end loss

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Weak commodity prices and political unease in Eastern Europe have led to a year-end loss for Canadian farm equipment and Versatile tractor maker Buhler Industries. Winnipeg-based Buhler on Tuesday reported a net loss of $5.3 million on revenues of $245.7 million for its year ending Sept. 30, down from a $12.5 million profit on $325.5
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Buhler Industries Entering Combine Market

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I would like to see the next 100,000 before I retire, said a smiling Dmitry Lyubimov, who became president of Buhler Industries when the Russian combine manufacturer Rostselmash bought a majority stake from Manitoba entrepreneur John Buhler in 2007. The company, which has been shipping the Canadian-made tractors to Russia since the acquisition, is now
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Versatile Launch In Vegas No Gamble

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If Dimitry Lyubimov has his way, Winnipeg-based Versatile will follow the lead of AGCO Corp., which rose from obscurity to become one of the world’s major farm equipment manufacturers in two short decades. Lyubimov became president of Buhler Industries in late 2007 when Russian combine manufacturer Rostselmash purchased an 80 per cent stake in Versatile’s
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In Brief… – for May. 28, 2009

Buhler sees dip in tractor sales: The maker of Versatile tractors expects sales of its other farm equipment short lines to continue strong while tractor sales decline “for the remaining part of the year.” Winnipeg’s Buhler Industries posted net profit of $4.59 million on sales of $93.35 million in its second quarter ending March 31,

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