Mahindra & Mahindra Ltd. (M&M), the world’s largest tractor manufacturer by volume, has signed a Share Purchase Agreement (SPA) with Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA) for the sale of its entire stake in Sampo Rosenlew Oy (SAMPO), a wholly owned subsidiary.
Upon completion of the transaction, SAMPO will no longer be a wholly owned subsidiary of M&M, paving the way for new strategic growth avenues under TERA’s ownership.
This divestiture aligns with M&M’s focus on opportunities that best position the Company for long-term success. Sampo has contributed meaningfully to M&M since it became part of the group. Some of the technologies developed by Sampo have been instrumental in building M&M’s farm machinery capabilities. By transitioning its ownership of SAMPO to a new owner, the Company believes it will enable SAMPO to pursue new pathways for innovation and growth building on its rich heritage and understanding of the Finnish market.
Sampo Rosenlew Oy a company founded in 1853, specializes in manufacturing high-quality Combine harvesters and Forestry machines. The company employs around 200 professionals and has manufacturing operations in Pori, Finland. In 2024 net sales of the company was approximately 41 million euros.
Founded in 1853, Sampo Rosenlew Oy is a Finnish company specializing in the production of high-quality combine harvesters and forestry machines. Based in Pori, Finland, the company employs approximately 200 skilled professionals. In 2024, Sampo Rosenlew reported net sales of around €41 million.
