Only two transactions were tracked during the quarter in which the deal size was disclosed. Overall, 8 agricultural equipment transactions during the third quarter of 2018, 34 since the beginning of the year and 44 over the last four quarters.
Earlier this month, Ag Equipment Intelligence released an entirely new quarterly report to its subscribers that was developed to be used as a baseline for company valuations and to track mergers and acquisitions (M&A) activity levels in the farm equipment industry.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.