CNH Industrial Ventures builds on the group's existing minority stakes.

Italy-listed agricultural and industrial equipment manufacturer CNH Industrial has announced the creation of a corporate venturing unit.

Last month it said it had grouped its strategic investments in CNH Industrial Ventures after completing a spin-off of its truck, bus and engine operations, now separately listed as Iveco Group IVG.

CNH Industrial Ventures builds on the group’s existing minority stakes, including in agricultural technology company Augmenta and fully-electric autonomous tractor company Monarch Tractor.

“With the aim of strengthening the company’s position as an…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.