# Deere & Co. to acquire Wirtgen Group for $5.2B

Deere & Co. announced it will acquire the Wirtgen Group, a German road construction equipment maker, for about $5.2 billion in cash. The deal is expected to close by January 2018.

- Type: Acquisition
- Announced: 2017-06-01
- Where: Antioch, Tennessee, United States
- Value: $5.20B
- Status: announced
- Products: road construction equipment, crushers, asphalt pavers, grinders, milling machines
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

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

## Sources

- [recordnet.com](https://www.recordnet.com/story/money/2017/06/01/german-company-u-s-headquarters-antioch-being-sold-5-2-billion-cash/361205001/), 2017-06-01: "The acquisition helps Deere expand its construction equipment reach to more customers, markets and geographies."

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