Press

Agrostroj took over German Stoll Maschinenfabrik

(ČIA) Pelhřim-based Agrostroj has bought Stoll Maschinenfabrik, which produces agricultural loaders. Hospodářské noviny states that the German company includes two factories in Germany, one in Poland and another in the US. The turnover of Stoll Maschinenfabrik is EUR 120m. Neither party disclosed the price. Considering the sales, EBITDA and low debts, it could have been slightly above CZK 2bn, according to the daily.

 

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