Italian manufacturer Maschio Gaspardo turnover increased 12% last year to €390 million with a net profit of €11.2 million.

“Delivering double-digit growth in a year when the entire sector contracted is the result of a long-term vision and the trust that our customers and partners place in the Maschio Gaspardo brand,” comments chairman Mirco Maschio.

With six production facilities, Italy and Europe remain the beating heart of Maschio Gaspardo, but the Group’s medium to long term vision is focussed on further internationalisation. Last year, the company completed a series of strategic transactions to strengthen its presence in the highest-growth international markets.

In North America, it acquired a stake in Lynx, the company behind some of the world’s largest strip-till machines, and together they established the joint venture Maschio Gaspardo USA. Field testing is underway for the first large-scale planters designed for the North American market, with the official launch scheduled for the Farm Progress Show in September 2026.

Among its future growth priorities, the Group is paying close attention to South America, starting with Brazil, where it is actively seeking partners to expand its presence. It is also keen to expand in India where it has invested approx. €30 million in a 100,000m² site to build a new manufacturing plant that will double local manufacturing capacity.

“Our strategy is to consolidate our leadership in Europe and accelerate in high-potential markets such as North America, India and Latin America,” says Maschio Gaspardo CEO Luigi De Puppi.

The partnership with Grégoire Besson, in which Maschio Gaspardo holds a stake, continues to deepen. In December 2025, the Group’s Chinese and Canadian subsidies acquired the respective Grégoire Besson business units, becoming exclusive importers and distributors of the French brand in China and Canada.

The Group invested over €12 million in plant, machinery, equipment and software worldwide in 2025, continuing to modernise and digitalise its manufacturing base.

Slowdown in orders

The Italian manufacturer is experiencing a slowdown in orders but remains cautiously optimistic this year, provided that the international landscape moves towards gradual stabilisation. Strategic planning confirms a revenue growth trajectory for the 2026–2030 period, with Italy, France, Germany, Austria, Switzerland, Spain, Portugal, Romania and China among the markets expected to deliver the strongest growth.

“2026 brings significant challenges, above all geopolitical instability, but the geographic diversification we have achieved allows us to face it with cautious optimism,” adds Mr De Puppi.

Maschio Gaspardo currently employs around 2,000 staff across eight manufacturing plants (Italy, China, India, Romania) and operates through 15 commercial subsidiaries.

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