Trimbles acquired by AGCO in US $2 billion deal | Queensland Country Life
Agco will acquire Trimbles in a deal worth US $2 billion.
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Agco will acquire Trimbles in a deal worth US $2 billion.
Westminster CO (SPX) Oct 02, 2023 - Trimble (NASDAQ: TRMB) has announced a definitive agreement to form a joint venture (the JV) with AGCO (NYSE: AGCO) to better serve farmers with factory fit and aftermarket applications in the mix
"This deal significantly enhances AGCO's technology stack with disruptive technologies that cover every aspect of the crop cycle," AGCO Chief Executive Eric Hansotia said of the announcement.
AGCO will acquire Trimbles in a deal worth $2 billion.
Trimble sells measurement technology, while AGCO makes agricultural equipment.