# Deere & Co. acquires carbon fiber manufacturer King Agro

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.

- Type: Acquisition
- Announced: 2018-03-02
- Where: Valencia, Spain; Campana, Argentina, Spain
- Jobs: 180
- Status: announced
- Products: carbon fiber booms, carbon fiber technology products
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Deere & Company](https://endata.com/companies/21933.md) (acquirer)
- [King Agro](https://endata.com/companies/30447.md) (target)

## Sources

- [farm-equipment.com](https://www.farm-equipment.com/articles/15261-deere-to-acquire-carbon-fiber-technology-manufacturer-king-agro), 2018-03-02: "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."
- [newswire.ca](https://www.newswire.ca/news-releases/deere-to-acquire-leading-manufacturer-of-carbon-fiber-technology-products-675656103.html), 2018-03-02: "This transaction provides John Deere customers the chance to benefit further from King Agro's unique knowledge, designs, and expertise in carbon fiber technology."

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