20 June 1997

NH in Flexi-coil deal

NEW Holland is set to acquire a significant yet minority shareholding of cultivation equipment and drill manufacturer Flexi-coil, with the agreement expected to be finalised shortly.

Canada-based Flexi-coil, which has its UK headquarters near York, is probably best known for its coil-type packer rollers. More recently, the company has introduced to the UK a pneumatic drill.

Managing director, John Bradley, says the New Holland arrangement will "give Flexi-coil access to the resources and expertise needed for long-term growth and expansion". &#42