Sale to CNH Industrial N.V.

Industrial
Sale to CNH Industrial N.V.

Summary

Baird served as the exclusive financial advisor to Miller-St. Nazianz, Inc. on this transaction.

About

Miller-St. Nazianz, Inc. (“Miller” or the “Company”) recently completed the sale of its assets to CNH Industrial N.V. (“CNH Industrial”) (NYSE: CNHI / MI: CNHI). Terms of the transaction were not disclosed.

Miller, a manufacturer of precision agricultural spraying equipment, was founded as a hardware retailer in 1899. The Company has expanded through five generations of family management to become a leading innovator of front boom sprayers. One of the most used pieces of equipment on a farm today, sprayers operate through crop fields to distribute fertilizers and pesticides in the form of droplets. Miller’s manufacturing facilities and 260 employees are supported by a worldwide distribution network. The Company is headquartered in St. Nazianz, Wisconsin.

CNH Industrial is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to CNH Industrial is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defense and civil protection; and FPT Industrial for engines and transmissions. CNH Industrial is headquartered in Basildon, Essex, United Kingdom.

For additional information about this transaction, please contact:

Joe Packee +1 (414) 298-7644
Mike Lindemann +1 (414) 298-7408
Vinay Ghai +44 (0) 20 7667 8225
Michael Wolff +49 (0) 69 130 149 49
Industrial
Sale to CNH Industrial N.V.
Date
November 2014
Company
Miller-St. Nazianz, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
Europe

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