The strategic conclusion to drop Agco and go all in with Kubota noticed 2021 turnover of £sixty four.5m vs . £119.4m the yr ahead of – but with pretty much unchanged operating income owing to elevated margins as being the business offered far more Kubota models than any dealer in Europe.
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A succession of dealer acquisitions has created copyright & Binnington’s network of 6 branches and 150 staff members covering an all-models Agco territory from North Yorkshire to Lincolnshire, managed through the Brigg headquarters.
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Tuckwells also noticed a beneficial increase in 2021 turnover, up 32% to Practically £94m, mainly because of the February acquisition of fellow Deere dealer Stress Bros Agri and its three depots in south-east England.
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