CNH Industrial N.V. (NYSE:CNHI) agreed to acquire 90% stake in Sampierana Spa for approximately €100 million on August 30, 2021. The agreement includes a clause by which the CNH Group, undertakes to obtain 100% control of the company during the four years following the closing of the transaction. The consideration will be funded with available cash on hand of CNH Industrial N.V. (NYSE:CNHI). The deal is subject to satisfaction of customary closing conditions. The deal is expected to occur in the fourth quarter of 2021. CNH Industrial N.V. (NYSE:CNHI) completed the acquisition of 90% stake in Sampierana Spa on December 30, 2021.