# AGCO acquires 85% stake in Trimble's agricultural products line

AGCO has acquired an 85% share in a joint venture with Trimble that takes over Trimble's agricultural products line and AGCO's JCA Technologies business, forming PTx Trimble. Trimble retains a 15% interest.

- Type: Acquisition
- Announced: 2024-04-26
- Status: completed
- Products: precision farming systems, agricultural technology
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AGCO](https://endata.com/companies/6630.md) (acquirer)
- [Trimble Inc.](https://endata.com/companies/17182.md) (target)

## Sources

- [producer.com](https://www.producer.com/crops/ptx-provides-a-blend-of-precision-farming-systems/), 2024-04-26: "PTx now makes its way as one of Agco's five core brands."

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