How Michele Lombardi Transformed CNH Industrial's M&A Strategy

Sunday, 11 August 2024, 18:35

CNH Industrial, a leading heavy equipment manufacturer, has a rich legacy in mergers and acquisitions, including associations with renowned brands like Ferrari. In the wake of a booming agtech market five years ago, the company faced challenges in engaging with the startup ecosystem. To revitalize its approach, CNH Industrial appointed Michele Lombardi, a seasoned executive known for his bold strategies. Lombardi's leadership has since played a pivotal role in bridging the gap between traditional manufacturing and innovative startups.
TechCrunch
How Michele Lombardi Transformed CNH Industrial's M&A Strategy

CNH Industrial and Its M&A Journey

CNH Industrial is known for its prowess in mergers and acquisitions, with a remarkable history that includes managing brands like Ferrari.

The Challenge in the Agtech Boom

Despite its legacy, the company struggled to embrace the startup scene during the agtech sector's rapid growth.

Michele Lombardi's Appointment

  • Michele Lombardi was brought in to lead M&A efforts.
  • His tenure spans several years, bringing extensive experience.
  • Lombardi is recognized for his dynamic and decisive approach in the industry.

Conclusion: Bridging Tradition and Innovation

Under Michele Lombardi’s leadership, CNH Industrial is not only navigating the challenges of modern startup dynamics but also positioning itself as a key player in the evolving landscape of heavy equipment.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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