GFM Network News


Two Raven OMNiPower (formerly DOT) machines at work in the field. (RavenPrecision.com)

CNH to buy Raven Industries

Heavy equipment maker to pay US$2.1 billion for precision ag firm

The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1 […] Read more

The U-shaped DOT A-U1 “loads” a SeedMaster row-crop planter on to its platform during a demonstration at Canada’s Outdoor Farm Show in September 2019. (Ralph Pearce photo)

U.S. firm buys remaining stake in DOT Technology

Majority owner Raven Industries buys full control

The U.S. precision ag manufacturer holding the controlling stake in a made-in-Canada self-guiding farm equipment platform has made a deal to buy up the balance. Raven Industries, which last November bought an undisclosed majority ownership share in DOT Technology — with an option to buy the remaining stake in the following 10 years — announced […] Read more


Norbert Beaujot’s DOT system, shown here in Woodstock, Ont. in September 2019, has a new majority owner in South Dakota-based Raven Industries. (Farmtario photo by John Greig)

U.S. manufacturer buys control of DOT Technology

A made-in-Canada self-guiding farm equipment platform has sold control of itself to one of its U.S. investors. Sioux Falls, S.D. precision agriculture manufacturer Raven Industries announced last week it has closed its deal to buy majority ownership in Regina-based DOT Technology Corp. for an undisclosed sum. DOT said the deal will allow it to “further […] Read more