Unlike the Deere & Co. attempt to acquire Precision Planting that ended up getting sidetracked by antitrust concerns, AGCO was able to close the deal to in less than 2 months. Precision Planting develops advanced technology and systems for precise seed spacing and depth placement control to increase crop yields and is a big arrow in AGCO’s precision farming quiver.
Deere announced in early November 2015 that it would acquire Precision Planting from Monsanto’s Climate…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
