Kverneland ASA is a Norway-based holding company engaged in the development, manufacture and distribution of agricultural machinery and services. The Company supplies professional farmers and contractors with equipment for soil preparation, fertilizing, seeding, grass processing, spraying and harvesting, which is marketed under the Kverneland and Vicon brands. Its products portfolio includes mowers, rakes and tedders, choppers, loader wagons, round balers, bale wrappers, rear mounted disc and pendulum spreaders, seed drills and harrows, among others. Through its subsidiaries, the Company has operations established in Sweden, Canada, Ireland, Denmark, Poland, the Netherlands, France, Italy, South Africa, Hungary, Australia, the United Kingdom, Spain, Germany, Belgium, Russia and the United States. As of December 31, 2008, the Company was a 31.8%-owned affiliate of Umoe Industri AS.