Deal snapshot: AGCO to Acquire 85% of Trimble Ag Assets and Technologies to Enhance Technology Offering.
MANews-(C)2009-2023
Georgia, US-based agricultural machinery and Precision Agriculture technology provider AGCO Corp. (NYSE: AGCO), has formed a joint venture with Trimble (NASDAQ: TRMB), where AGCO will acquire an 85% interest in Trimble's portfolio of Agriculture assets and technologies for a cash consideration of USD2.0 bn and a contribution from JCA Technologies, the company said.
The JV creates a leading global...
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