Sep 28, 2023ACQUISITIONUnited States AGCO to acquire 85% of Trimble Ag assets in $2 billion joint venture
AGCO will acquire an 85% interest in Trimble's portfolio of agricultural assets and technologies for $2 billion in cash and the contribution of JCA Technologies, forming a joint venture focused on precision agriculture.
Productsprecision agriculture technologyhardwaresoftwarecloud-based applications
“This landmark transaction creates a JV that becomes the premier mixed-fleet Precision Ag business in the world.”via.tt.se
- 8 sources
- via.tt.seAGCO to Acquire Trimble Ag Assets and Technologies Through a Joint Venture Focused on Next-Generation Precision Ag Technology | Business WireSep 28, 2023
- kommunikasjon.ntb.noAGCO to Acquire Trimble Ag Assets and Technologies Through a Joint Venture Focused on Next-Generation Precision Ag Technology | Business WireSep 28, 2023
- news.bloomberglaw.comAGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech (2)Joe Deaux, Michael HirtzerSep 28, 2023
- farmprogress.comAgco buys 85% of Trimble Ag for $2 billionHolly SpanglerSep 28, 2023
- farmprogress.com
Summarized from public sources; check the original articles before acting on it.
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