Mahindra and Mahindra Limited (M&M), the world’s largest tractor company by volume, has entered into a Share Purchase Agreement (SPA) with Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA) to sell its entire stake in Sampo Rosenlew Oy (SAMPO), a wholly owned subsidiary of the company, to TERA.
Following the completion of the transaction, SAMPO will no longer be a wholly owned subsidiary of M&M.
This strategic divestment is part of M&M’s focus on initiatives that maximize long-term growth and value creation. Since joining the Mahindra Group, Sampo has contributed significantly to the company’s capabilities, particularly in farm machinery technology. By transitioning ownership to TERA, SAMPO is expected to unlock new pathways for innovation and growth, leveraging its rich legacy and deep expertise in the Finnish market.
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