CNH sells UK plant to Landini.

CNH Global's agreement to sell the company's tractor manufacturing plant in Doncaster, England, to Landini S.p.A has been approved by the European Commission. The sale of the plant is in accordance with the European Commission's approval of the business merger of New Holland and Case Corporation.

The sale includes design, manufacturing and commercial rights to the Case IH C, CX and MXc compact tractor lines in the European Economic Area (EEA) and in Switzerland. Outside these areas in Europe, CNH will continue to sell these compact tractors under the Case IH brand and through the Case IH distribution network, under a supply agreement with Landini.

The deal also includes the right to the McCormick brand name and a sublicense agreement which will allow Landini to produce a differentiated line of the current mid-horsepower range of tractors, the Case IH MX Maxxum, which is made at the Doncaster plant.

CNH retains the rights to the MX Maxxum tractor line, which will be sold exclusively through Case JH dealers worldwide and provided by a supply agreement with Landini. CNH will produce MX Maxxum tractors for North American distribution in Racine, Wis.

CNH's tractor line will continue to included the Case IR CS and Steyr brand models of low- and mid-range horsepower tractors produced at the company's plant in St. Valentin, Austria, and marketed primarily in Europe.