XML 36 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Subsequent Events
3 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

On May 2, 2017, the Company announced that it entered into an agreement to acquire 100% of the outstanding capital shares of Santa Izabel Agro Industria, LTDA (Santa Izabel), a privately held company owned by Soufer Industria Ltda. Santa Izabel, located in Sao Joao da Boa Vista, SP, Brazil, designs, manufactures and markets a variety of agricultural implements and trailers sold throughout Brazil. We anticipate that this acquisition will enhance the Company's platform for growth by increasing our product portfolio. The purchase is expected to close in the second quarter of 2017.