WINNIPEG, Man. – Buhler Industries Inc., a leading manufacturer of machinery distributed under the Versatile and Farm King brands, has entered into an original equipment manufacturer (OEM) agreement with Kubota Corp. to develop and produce a new tractor platform in the mid-range front-wheel assist segment.

Who did Kubota buy out?

Kubota said last month it would buy Norwegian farm machinery maker Kverneland KVE. OL through a public offer. By January 20, it had acquired 79 percent of the company's shares for 17 billion yen ($219 million). As of end-September, Kubota had net cash of around 87 billion yen, according to its latest quarterly filing.

Do they still make Versatile tractors?

In 1987, Versatile, along with Sperry New Holland Company, was acquired by the Ford Tractor Company. A new company called Ford New Holland was created from these mergers. Ford New Holland continued to sell Versatile tractors, still being produced in Winnipeg, both under the Versatile and Ford names.