M&M puts Finnish company Sampo on the block

Mahindra & Mahindra is divesting Sampo Rosenlew Oy, a Finnish combine harvester manufacturer, as part of its strategy to focus on core businesses and improve capital allocation. M&M acquired full control of Sampo in 2022, but the company has struggled with weak demand and development costs.

from Auto-Industry-Economic Times https://ift.tt/5QRDlTZ