# Deere completes acquisition of Wirtgen Group for EUR 4.6 billion

Deere & Company completed its acquisition of the Wirtgen Group, a German road construction equipment manufacturer, for approximately EUR 4.6 billion including net debt. The deal was announced in June 2017 and closed on December 1, 2017.

- Type: Acquisition
- Announced: 2017-12-01
- Where: Germany, Germany
- Value: $5.20B (4.60B EUR)
- Status: completed
- Products: road construction equipment, milling machines, pavers, compactors
- 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

- [equipmentjournal.com](https://www.equipmentjournal.com/construction-news/john-deere-wirtgen-group/), 2017-12-01: "The Wirtgen Group will enhance the size, scale and stature of our construction equipment business and will help Deere continue its global growth."
- [equipmentworld.com](https://www.equipmentworld.com/dealers/article/14968550/deere-completes-acquisition-of-wirtgen-group), 2017-12-01: "The Wirtgen Group will enhance the size, scale and stature of our construction equipment business and will help Deere continue its global growth."

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