# John Deere acquires full ownership of three Deere-Hitachi joint venture factories

John Deere acquired full ownership of three Deere-Hitachi joint venture factories in Kernersville, N.C.; Langley, Canada; and Indaiatuba, Brazil. The factories will continue to manufacture Deere-branded excavators and forestry equipment.

- Type: Acquisition
- Announced: 2022-02-28
- Where: Kernersville, North Carolina; Langley, British Columbia; Indaiatuba, Brazil, United States
- Status: completed
- Products: construction excavators, forestry equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi Construction Machinery](https://endata.com/companies/15738.md)
- [Deere & Company](https://endata.com/companies/21933.md)
- [Hitachi Construction Machinery](https://endata.com/companies/15738.md) (target)
- [John Deere](https://endata.com/companies/15751.md) (acquirer)
- [Deere & Company](https://endata.com/companies/21933.md) (acquirer)
- [SureFire Ag Systems](https://endata.com/companies/61826.md) (target)
- [SureFire Electronics](https://endata.com/companies/61827.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/john-deere-acquires-deere-hitachi-factories-begins-new-license-and-supply-agreements-with-hitachi-860814048.html), 2022-02-28: "As we launch this new chapter, our legacy of innovation continues."
- [mequipment.ro](https://mequipment.ro/en/john-deere-achizitioneaza-fabricile-deere-hitachi-si-demareaza-noi-acorduri-cu-hitachi/), 2022-03-01: "Going forward, we can leverage technology developed for other product lines and production systems across the Deere enterprise and extend those advanced solutions to Deere-designed excavators"
- [mequipment.ro](https://mequipment.ro/en/tag/acord-joint-venture/), 2022-03-02: "John Deere has acquired full ownership of three Deere-Hitachi joint venture factories and has begun new license and supply agreements with Hitachi Construction Machinery."
- [constructionequipmentmag.com](https://www.constructionequipmentmag.com/news/52628-john-deere-acquires-deere-hitachi-factories,-begins-new-license-and-supply-agreements-with-hitachi), 2022-03-03: "John Deere has acquired full ownership of three Deere-Hitachi joint venture factories and has begun new license and supply agreements with Hitachi Construction Machinery."
- [internationalrentalnews.com](https://www.internationalrentalnews.com/news/hitachideere-joint-venture-officially-dissolved/8018654.article?zephr_sso_ott=jfgvr3), 2022-03-03: "Going forward, we can leverage technology developed for other product lines and production systems across the Deere enterprise and extend those advanced solutions to Deere-designed excavators, strengthening the entire product portfolio."
- [constructionbriefing.com](https://www.constructionbriefing.com/news/hitachideere-joint-venture-officially-dissolved/8018654.article), 2022-03-03: "Going forward, we can leverage technology developed for other product lines and production systems across the Deere enterprise and extend those advanced solutions to Deere-designed excavators, strengthening the entire product portfolio."
- [surepointag.com](https://www.surepointag.com/post/john-deere-enters-new-joint-venture-with-surepoint-ag-systems), 2022-03-24: "Deere & Company has entered into a joint venture with SureFire Ag Systems and its subsidiary, SureFire Electronics, a leader in planter fertilizer and sprayer mixing systems based in Atwood, Kansas."

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