# John Deere to acquire three Deere-Hitachi joint venture plants

John Deere will acquire three Deere-Hitachi joint venture plants in the US, Brazil, and Canada, and enter new licensing and supply agreements with Hitachi to produce and sell excavators under the John Deere brand in the Americas. The changes take effect February 28, 2022.

- Type: Acquisition
- Announced: 2021-12-28
- Where: Kernersville, North Carolina; Langley, Canada; Indaiatuba, Brazil, United States
- Status: announced
- Products: excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (partner)
- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (target)
- [John Deere](https://endata.com/companies/15751.md) (acquirer)

## Sources

- [glavpahar.ru](https://glavpahar.ru/news/john-deere-priobretet-moshchnosti-sovmestnogo-predpriyatiya-deere-hitachi), 2021-12-28: "John Deere приобретет три завода совместного предприятия Deere-Hitachi, расположенные в США, Бразилии и Канаде."
- [cmikorea.tistory.com](https://cmikorea.tistory.com/275), 2022-01-04: "John Deere this week announced it has agreed with Hitachi Construction Machinery to end the Deere-Hitachi joint venture manufacturing and marketing agreements."

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