Sep 28, 2023PARTNERSHIP
Trimble and AGCO to form joint venture for precision agriculture
Trimble and AGCO announced a definitive agreement to form a joint venture combining Trimble's precision agriculture business and AGCO's JCA Technologies, creating a global leader in mixed fleet precision agriculture solutions. Trimble will receive $2 billion in pre-tax cash proceeds and a 15% stake in the JV.
Productsprecision agriculture solutionsautonomous software for agricultural machines
“Trimble and AGCO's shared vision is to create a global leader in mixed fleet smart farming and autonomy solutions.”news.trimble.com
- 4 sources
- news.trimble.comTrimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions - Sep 28, 2023Sep 28, 2023
- investor.trimble.comTrimble Inc. - Trimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture SolutionsSep 28, 2023
- marketscreener.comTrimble and AGCO to Form Joint Venture to Better Serve Farmers Worldwide with Mixed Fleet Precision Agriculture Solutions | MarketScreenerPRNewswireSep 28, 2023
- farm-equipment.comAGCO Announces Joint Venture to Acquire Interest in Trimble Ag Assets, TechSep 28, 2023
Summarized from public sources; check the original articles before acting on it.
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