New York-based Oxbo International Corp. and European-based Ploeger Agro B.V. announce their merger to form Ploeger Oxbo Group, which will be headquartered in the Netherlands. The two companies have a 20-year-long past of working together informally.
Both companies are well-known for their niche market harvesting equipment.
Oxbo has over 400 employees, mostly in the U.S., and Ploeger employs 140, mostly in Europe.
Now united, the company plans to pursue opportunities in new markets such as Brazil, China and fast-growing countries in Eastern Europe.
The new company is owned by five groups–Ploeger and Oxbo executives, VDL (a Dutch manufacturing company) and two Dutch investment firms, Van Lanschot Participaties and Synergia. It will be controlled by a four-member board of directors–Gary Stich and Andy Talbott, vice president of sales at Oxbo; along with Ad Ploeger and Cees Van Beek, technical director at Ploeger.
Oxbo International manufactures a wide range of specialty agricultural equipment-including products that harvest processing and fresh market vegetables, berries, citrus, coffee, grapes, olives and seed corn. The company employs over 400 workers in three main manufacturing facilities-Byron, N.Y.; Clear Lake, Wis.; and Lynden, Wa.
Ploeger Machines supplies a full line of harvesters for the processing vegetable industry including harvesters for beans, peas, potatoes, carrots and spinach. Ploeger also owns the UK-based company, PMC Harvesters Ltd., which offers the green bean harvester and the well-known six wheeled pea harvester. The company operates manufacturing facilities in Oud Gastel and Roosendaal, in the Netherlands, and Fakenham United Kingdom.