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The Belgian Keestrack takes over the Goldoni tractors

The Emilian group was in danger of bankruptcy

The Court of Modena yesterday assigned the business branch of the historic Goldoni tractor company to the Belgian company Keestrack. The starting price was set at 9.5 million euros. For the company from Migliarina di Carpi, part of the Arbos group controlled by Tianjin Lovol Heavy Industry Group, the expected outcome therefore arrives: "Keestrack is a solid company and by virtue of the serious industrial relaunch plan presented it will give continuity to a historic brand with a gradual, but constant, image and production recovery", they report from the Migliarina headquarters in these hours (Dentons assisted Goldoni for all the legal aspects of the transaction, while Deloitte Financial Advisory acted as industrial advisor and financial).

"After intense weeks of negotiations and meetings of the regional occupational safeguarding table with the company, trade unions and local institutions, today we can wish good work to the new Goldoni-Keestrack", the regional councilor for economic development formalizes the new course. Vincenzo Colla, after the definitive assignment of the Court. Therefore, for the commissioner, an important dispute is closed which “has allowed to save 110 jobs” in the Migliarina plant, thanks to the investment of the Belgian group.

"The Goldoni product range perfectly meets customer needs", said Roberto Lopes, managing director of Keestrack Italia, a branch of the Belgian group controlled by the Hoogendorn family . "We look to the future and we wish to soon introduce a new family of" K "tractors for the open countryside. The Goldoni dealer network in synergy with the Keestrack network will be the strong point to make the famous red orange of Goldoni tractors strong in the fields still . This is a family business, with the same values and the ability to listen to customers' needs just like Keestrack. Goldoni represents high technology and respect for the environment, Italian tradition and a passion for design. From the motorcycle cultivator, specialized tractors 4 x4 and isodiametric tractors dedicated to the cultivation of fruit and vineyards, the product range is developed to support the farmer to obtain the expected result with efficiency and sustainability. Keestrack maintains 110 jobs through this investment in Goldoni with the confidence of success of this fabulous brand".

hef - 17951

EFA News - European Food Agency
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