The story
Bizon was privatized in 1992 after the reorganization of Agromet, a state-owned agricultural business. In 1995 Bizon reached account profitability and in 1997 had a net sales of about $40 million and a $4 million net profit.
Bizon harvesters used domestic engines such as SW400 and SW680 manufactured by Polish engine factory Andoria.
Standard Bizon tyres were STOMIL.
Bizon held approximately 80% of the Polish combine harvester market and had begun sales expansion in Latin America, Pakistan, Belarus and Ukraine.
On 29 July 1998, 90.87% of Bizon Sp.zo.o. was acquired by New Holland for $33 million. The remaining shares of the Polish company were purchased in March 1999. The U.S. Securities and Exchange Commission estimated that New Holland had paid $18 million more than the company's actual value.
From Wikipedia’s article on Bizon (company), shared under CC BY-SA 4.0.3
