Unia Group, one of Poland’s largest agricultural equipment manufacturers, has been promised significant investment in its production facilities and product development by new owners.

Chemirol Capital Group, which currently has interests focused mainly on agrochemical and crop nutrition product manufacturing and distribution, has acquired the Group.

The aquisition includes Unia’s four Polish factories and more than 1,100 employees, as part of a growth and diversification strategy.

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Unia makes a wide range of equipment, from tillage machinery, seed drills, spreaders and sprayers to grain drying and storage systems.

The company has an ambition to be “among the top three manufacturers of agricultural machinery and equipment in Europe”, according to newly appointed president Michal Lange.

Chemirol’s president, Leszek Boruch, anticipates spending the equivalent of £28-£38m to develop Unia’s factories and does not rule out “further expansion in the agricultural machinery market in Poland and abroad”.

Andrew Manfield of Yorkshire-based Manterra imports a stubble tine cultivator, plough and disc cultivator from Unia’s extensive product range.

He welcomes the take-over, which he says was driven by the increasing scale of the business and synergies between Unia and Chemirol.

“Both saw an opportunity to increase capital investment in production facilities in order to continue growth of market share in Europe, and our discussions with Unia Group confirm that greater reserves of capital will be available for new products and facilities.”