It has been a while since Danfoss announced its plans for the $3.3 billion acquisition of the Eaton Hydraulics business in January 2020 but the Danish company has finally completed the deal having received confirmation of all necessary regulatory approvals and closing conditions.
Brandt Tractor Ltd. will acquire all of the issued and outstanding common shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million on an equity value basis.
Managers of Great Britain’s agricultural and garden machinery dealer association have reassured members over conflict of interest concerns following the organization’s purchase by AEA, the UK’s machinery manufacturers’ association.
Bear Flag’s technology complements Deere’s own technology initiatives and goals to help farmers achieve the best possible outcomes and solve meaningful challenges through advanced technology, including autonomy.
Precision Planting, LLC a subsidiary of AGCO Corporation (NYSE: AGCO), a provider of precision ag technologies to help make farmers smarter every season, announced an agreement to acquire the business and assets of Headsight, Inc. (Headsight), a precision agriculture harvesting solution company.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.