# Deere to acquire Wirtgen Group for €4.6 billion

Deere & Company signed a definitive agreement to acquire the Wirtgen Group, a German manufacturer of road construction and surface mining equipment, for €4.6 billion. The deal includes Wirtgen's five premium brands and over 8,000 employees.

- Type: Acquisition
- Announced: 2017-06-01
- Where: Windhagen, Germany
- Value: $5.20B (4.60B EUR)
- Status: announced
- Products: road construction equipment, surface mining equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Wirtgen](https://endata.com/companies/16539.md) (target)
- [Deere & Company](https://endata.com/companies/21933.md) (acquirer)

## Sources

- [im-mining.com](https://im-mining.com/2017/06/01/deere-buy-wirtgen-surface-mining-range/), 2017-06-01: "The Wirtgen Group has a legacy of technology and innovation with market-leading products and a strong focus on the customer."
- [handelsblatt.com](https://www.handelsblatt.com/unternehmen/industrie/wirtgen-group-deere-landet-milliardendeal-in-deutschland/19881294.html), 2017-06-01: "Der Straßenbau-Spezialist Wirtgen Group wird für 4,6 Milliarden Euro in die USA verkauft."
- [reuters.com](https://www.reuters.com/article/us-wirtgen-m-a-deere-idUSKBN18S4TZ/), 2017-06-01: "Deere & Co said on Thursday it would buy privately held German company Wirtgen Group for about $4.88 billion to expand its road construction operations."
- [constructionequipment.com](https://www.constructionequipment.com/home/article/10753610/john-deere-construction-deeres-surprising-wirtgen-buy-watch-what-we-do), 2017-07-21: "In a single transaction, the company has added five internationally known brands (Wirtgen, Hamm, Vogele, Kleemann, and Benninghoven) and a host of products it has never had."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.