# I A Bell to acquire John Deere's stake in Bell Equipment

I A Bell & Company has signed a binding agreement to purchase John Deere Construction & Forestry Company's 31.37% shareholding in Bell Equipment, subject to conditions precedent.

- Type: Acquisition
- Announced: 2020-11-06
- Where: Richards Bay, South Africa
- Status: announced
- Products: construction equipment, forestry equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Bell Equipment](https://endata.com/companies/15161.md)
- [John Deere Construction & Forestry](https://endata.com/companies/34243.md) (target)
- [I A Bell and Company](https://endata.com/companies/49755.md) (acquirer)

## Sources

- [listcorp.com](https://www.listcorp.com/jse/bel/bell-equipment-limited/news/conclusion-of-agreement-re-share-purchase-between-i-a-bell-and-john-deere-and-withdrawal-of-cautionary-announcement-2464691.html), 2020-11-06: "a formal binding agreement for the acquisition by I A Bell of John Deere's shareholding in the Company has now been concluded subject to certain conditions precedent."

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