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New Deal


Announced

CNH Industrial to acquire Hemisphere GNSS for $175m.

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Single Bidder

satellite systems

United States

Pending

Friendly

Satellite

Acquisition

Majority

Private

Synopsis

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CNH Industrial, an agricultural machinery company, agreed to acquire Hemisphere GNSS, a high-performance satellite positioning company, for $175m. “This move enhances our automation and autonomy tech stack and broadens our talent pool. Having Hemisphere’s technology in-house will enable us to accelerate a broad range of our precision technology programs, providing our customers with immediate productivity-enhancing solutions. It will also increase the long-term competitiveness and flexibility of our agriculture and construction portfolio,” Marc Kermisch, CNH Industrial Chief Digital & Information Officer.

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