Lincoln, Neb. – Three Nebraska based John Deere dealerships have announced plans to merge their businesses. Green Line Equipment, Stutheit Implement and Plains Equipment Group are combining forces to provide service, support and product solutions to farmers, ranchers and landowners. The newly formed corporation will be named AKRS Equipment Solutions (“AKRS Equipment”). The companies plan to officially close on the deal by the end of March 2020.
These dealerships represent over 150 years of collective service.
Kevin Clark has been named president and chief executive officer of AKRS Equipment. Clark is currently the chief executive officer of Plains Equipment Group. “The size and scale of AKRS is important as the industry changes with new technologies and services,” said Clark.
According to a report from KTIC, Russ Rerucha, CEO of Green Line Equipment, said the ownership structure of AKRS Equipment would be the same as it has been with the three individual companies. “Not a one is leaving," said Rerucha. "I think that speaks volumes of what this company could be.” Rerucha has been appointed chairman of the AKRS Equipment Board.
AKRS will consist of 27 John Deere dealerships located across Nebraska and part of Kansas, with headquarters in Lincoln, Neb.
AKRS dealerships will be in the following locations: Albion, Ainsworth, Auburn, Aurora, Broken Bow, Central City, Crete, David City, Elkhorn, Geneva, Gretna, Grand Island, McCook, Neligh, Norfolk, North Platte, Oberlin, O’Neill, Ord, Osceola, Plainview, Ravenna, Seward, Spalding, St. Paul, Syracuse, York and Lincoln Headquarters.