08:30 AM EST, 11/10/2025 (MT Newswires) -- Titan Machinery ( TITN ) said Monday it plans to divest its dealership operations in Germany through two separate asset sales to existing New Holland dealers.

The company said the transactions support CNH Industrial's dual-brand strategy and align with its focus on optimizing its global footprint for better returns on invested capital.

The sales are expected to close within 120 days, subject to customary conditions and regulatory approvals, and are projected to result in a pre-tax loss of about $3 million to $4 million, it added.