Monday, June 21, 2021

CNH buys Raven

CNH Industrial is buying Raven, a technology company it has used for years.

A Canadian company, Omnipower (formerly DOT) is in Raven’s portfolio.


Raven Industries has three divisions called Applied Technology for precision agriculture, Engineered Films for high-performance specialty films an Aerostar for aerospace.


Last year its sales were $348 million US.


Omnipower enables farmers to remotely operate field machinery, such as combines, sprayers and fertilizer spreaders.


CNH Industrial makes Case IH, New Holland and Steyr farm equipment and industrial equipment.