Deere & Company completed its acquisition of the Wirtgen Group, a German road construction equipment manufacturer, for approximately EUR 4.6 billion including net debt. The deal was announced in June 2017 and closed on December 1, 2017.
John Deere announced plans to acquire the Wirtgen Group, a German road construction equipment manufacturer with brands including Wirtgen, Hamm, Vogele and Kleemann. The deal will make Deere a top-three construction equipment business globally.
Wirtgen Group announced a £9.2 million investment in a new headquarters in Newark, Nottinghamshire, UK, consolidating its existing bases in North Hykeham and Leicester. The facility will house sales, service, workshop and storage operations.
John Deere and Wirtgen Group announced a merger, with complementary product lines in construction and road-building equipment, expanding John Deere's offerings.
Deere & Co. announced it will acquire the Wirtgen Group, a German road construction equipment maker, for about $5.2 billion in cash. The deal is expected to close by January 2018.
Deere & Company signed a definitive agreement to acquire the Wirtgen Group, a German manufacturer of road construction and surface mining equipment, for €4.6 billion. The deal includes Wirtgen's five premium brands and over 8,000 employees.
Wirtgen's SP1600 and SP500 slipform pavers were selected for constructing the concrete runway at Mongolia's New Ulaanbaatar International Airport (NUBIA), a project designed to handle 3 million passengers per year and increase cargo capacity tenfold.
| Site | Largest | Latest |
|---|---|---|
| Newark, United Kingdom | $12.0M | 2017-09-07 |