Deere Acquires Beit Hashita Metal Industries
Deere Co. (NYSE:DE) has acquired Israeli manufacturer Beit Hashita Metal Industries. Beit Hashita Metal manufactures machinery and agricultural implements for the industry.
The deal was actually closed earlier in the week after a District Court in Nazareth approved of the sale of the assets as part of a settlement with creditors.
The offer for Beit Hashita Metal Industries Ltd. was initially made in December 2009, and was waiting on due diligence before being concluded and formalized.
Friday, April 2, 2010
Deere (NYSE: DE) Acquires Beit Hashita Metal Industries
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