In Claas’ recently released annual report, the company reported revenue of $6.7 billion in 2023, a 25% year-over-year increase from $5.4 billion in 2022.
Claas’s total annual net sales have increased every year for the past 7 years. Total net sales for the North and South America region came in at $1.1 billion in 2023, up 17% year-over-year. Prior to 2022, Claas did not break out its revenue for the North and South America region…
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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.
