Based on preliminary results of Ag Equipment Intelligence’s 2022 Big Dealer Report, dealer consolidation is continuing to pick up. While the total number of big dealers dropped to 195 from 197 last year, the total number of stores owned by big dealers increased from 2,358 in 2021 to 2,471 this year, an increase of about 4%.
H&R Agri-Power and Farmers Supply Company will be joining forces going into 2021. Both businesses have locations in Lawrenceburg, Tenn., and have similar missions of satisfying customer needs by supplying quality farm equipment while providing top-notch service and parts support after the sale.
Johnson Tractor has announced the acquisition of A.A. Anderson marking a significant expansion in the north Chicagoland area, that will allow the company to serve all market segments including consumer, construction and agriculture primarily with the Kubota brand.
Hlavinka Equipment Co., with headquarters in East Bernard, Texas, has entered into a definitive agreement to sell select assets related to existing Kubota dealership operations in Rosenberg and Bay City to Lansdowne Moody Co.
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.
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In this episode of On the Record, Pinion Principal Marc Johnson forecasts 4-6% growth in large ag equipment sales in 2023. In the Technology Corner, Noah Newman takes a closer look at Verge Ag’s Equipment Explorer, which was launched at the 2023 Precision Farming Dealer Summit. Also in this episode, a preview of the 10th annual Precision Farming Dealer benchmark study and a look at ag retailer sprayer purchase plans for the year ahead.