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Deere & Co. has signed a definitive agreement to acquire King Agro, a privately held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina. King Agro will retain its brand name.
“John May, Agricultural Solutions & Chief Information Officer at John Deere, said the transaction announced today will provide benefits in sharing best practices in product development, manufacturing, technology.”farm-equipment.com
Summarized from public sources; check the original articles before acting on it.