LEMKEN has reached a takeover agreement with the South African company Equalizer, thereby significantly expanding its product portfolio in the field of sowing.
With a focus on minimum soil movement through to no-till , the Equalizer product range includes precision seed drills with up to 36 rows and seed drills with a working width of up to 24 metres. The takeover is expected to be completed in spring 2023 as soon as official approvals have been granted.
The ideal supplement for opening up new markets
Successful new subsidiary
Equalizer, which is also run as a family business, was founded in Cape Town in 2000 and currently employs 180 people . In addition to the South African home market, where Equalizer is the market leader in the field of precision seed drills, Australia is the most important export market.
We see great potential for new products with LEMKEN at our side and look forward to future cooperation. At the same time, we are proud that this agreement reaffirms the success and hard work of the entire Equalizer team together with our local dealers over the last 22 years.
Founder and Managing Director Gideon Schreuder
Investments are planned
LEMKEN is committed to this promise and wants to expand the South African location together with Equalizer . The first concrete project is the extensive expansion of spare parts logistics in 2023. The experienced local workforce will be taken over in full. Equalizer will be continued as an independent subsidiary by the existing management, this also applies to the brand name . Of course, the German agricultural engineering specialist will contribute its development, production and sales skills to support the growth course.
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