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Articles Tagged with ''acquisition''

From Adversary to Acquisition: Kubota to Acquire AgJunction for $72.8 M

October 15, 2021 | Posted in Mergers & Acquisitions

Kubota Corp. plans to acquire AgJunction, a company that develops guidance, autosteer and autonomy technology, for $72.8 million.

Stoll Loader Maker Changes Hands

October 15, 2021 | Posted in Mergers & Acquisitions

The German manufacturer of Stoll tractor loaders has been sold by its private equity owners to automotive and agricultural engineering group Agrostroj.

Kubota to Acquire AgJunction in All Cash Deal

October 8, 2021

AgJunction Inc., a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million (USD $72.8 million).

Stoll Tractor Loader Maker Acquired by Ag Engineering Group

October 7, 2021 | Posted in Mergers & Acquisitions

The German manufacturer of Stoll tractor loaders has been sold by its private equity owners to automotive and agricultural engineering group Agrostroj.

Danfoss Completes Eaton Hydraulics Acquisition

October 6, 2021 | Posted in Mergers & Acquisitions

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.

Raven Industries Shareholders Approve Transaction with CNH Industrial

September 15, 2021 | Posted in Mergers & Acquisitions

Raven Industries has announced that, at a special meeting held on Sept. 15, 2021, its shareholders voted strongly to approve the pending transaction with CNH Industrial.

Brandt Tractor to Acquire Cervus Equipment $302 Million

September 15, 2021 | Posted in Mergers & Acquisitions

In mid-August, before the market opened and ahead of reporting its second quarter earnings, Cervus Equipment announced it had agreed to be acquired by Brandt Tractor.

Cervus Equipment 2Q21 Revenue Increases 18%

August 17, 2021 | Posted in Earnings Reports

Cervus delivered $15 million in adjusted income before tax, a record for the second quarter and a significant increase of $7 million or 84%, compared to $8 million generated in the same period last year.

Precision Planting Agrees to Acquire Headsight Business

August 4, 2021 | Posted in Mergers & Acquisitions

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.

Telus Agriculture and Rabobank Acquire Conservis

July 19, 2021 | Posted in Mergers & Acquisitions

Rabobank, the global food and agriculture bank, and TELUS Agriculture, global agriculture technology leader, have acquired Conservis, a company that integrates disparate farm technologies into one streamlined interface to manage the business of farming.

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[Technology Corner] Precision Farming Dealer Summit Just What the Doctor Ordered After Challenging Year

We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.

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