With nearly 3,000 companies including global giants and ambitious start-ups present at the recent Agritechnica show in Germany, there were plenty of innovations to attract the attention of serious investors or curious competitors.
Any time a locally owned company with 53 employees and between $35 million and $40 million in annual gross sales is sold to an out-of-state corporation, as was the case when Triple W Equipment in Missoula was sold to RDO Equipment earlier this summer, there can be cause for consternation.
After executing more than 60 acquisitions in 42 years, RDO Equipment (Farm Equipment's 2010 Dealership of the Year) follows a carefully thought-out integration plan for new stores, which Keith Kreps, vice president agriculture, says is "close to a science."
One of John Deere's largest dealer networks in Canada is spreading its wings with the signing of a letter of intent (LOI) to acquire certain assets of Frontier Peterbilt Sales, a group of truck dealerships in Western Canada. Cervus Equipment announced the move on December 6.
Spend time at Fargo, N.D.-based RDO Equipment, and you’ll hear the familiar story of a passerby who asks three hardworking laborers what they’re doing.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.