CNH Industrial completed the acquisition of a majority stake in Bennamann.

CNH Industrial, a agrotech company, completed the acquisition of a majority stake in Bennamann, a developer of methane storage technology. Financial terms were not disclosed. By consolidating our share in Bennamann, we are offering our customers a full energy production, storage and distribution service. This solution can transform farms into mini energy hubs that can satisfy their own energy needs, produce their own natural fertilizer and sell any excess gas on the open market. It also enables them to generate their own electricity. This makes us a true alternative energy enabler, able to serve myriad applications and contribute to a carbon negative future," Derek Neilson, CNH Industrial President Agriculture.