Agri-Service, a 9 location AGCO dealer servicing Idaho, Oregon and Washington, has announced the signing of a Letter of Intent to acquire Rathbone Sales, Inc., an AGCO dealer located in Moses Lake, Wash., to be effective April 1, 2021.
“Agri-Service has been serving the Columbia Basin from the Pasco/Eltopia area for 22 years and we are excited about the opportunity to expand further into the area. With the acquisition of Rathbone Sales, Inc. we will continue to deliver the outstanding customer service that their customers have come to expect.” said Kevin Vivian, president of Agri-Service.
“The agreed acquisition is a win-win for both Rathbone Sales, Agri-Service, and the customer base in the surrounding geography of Moses Lake. It provides additional scale around two critical large ag products with regards to our Fendt tractors and our commercial grade Application equipment. More importantly, the increased presence delivers another choice for farmers in Grant County. Everyone knows farming is risky, and having choices reduces risk, and now there is another option to consider.” said Greg Milstead – sales director for AGCO Corporation.
Tracking Changes Among Large Ag Equipment Dealership Groups: As dealer consolidation continues among North American farm equipment dealers, Ag Equipment Intelligence will continually update industry mergers & acquisitions, dealership openings and closings as they occur.