AGCO offloads GSI grain and protein business for a massive loss
Even with the US$700 million sale of GSI to private equity firm it will leave AGCO with a loss of around US$475 million The tide has quickly turned for farm equipment manufacturers coming off record sales of all their product lines to an eager band of farmers worldwide anxious to be part of the farmgate product […]
AGCO takes majority control of Trimble Ag for US$2 billion in record Ag Technology deal
AGCO is placed in a commanding position in agricultural technologies through a joint venture at the forefront of next-generation Precision Ag development With worldwide sales at record levels for agricultural machinery and with technology set to place buyers onto another purchasing path if they want to stay up to date, the take-over and amalgamation deals […]