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Dealer M&A Activity: June 2024

June 17, 2024 | Posted in Mergers & Acquisitions

This new standing feature in the Ag Equipment Intelligence newsletter will catalogue notable dealership merger & acquisition activity since the previous newsletter.

Kenn-Feld and TTG Merge as TRULAND Equipment, Creating Regional Dealer Group

June 29, 2023 | Posted in Mergers & Acquisitions

Source: Westbend News

Kenn-Feld Group and TTG Equipment will merge as TRULAND Equipment, the CEOs of the two companies announced Wednesday. The equal merger of the two John Deere Dealer groups is scheduled to occur on Aug. 21, 2023.

LSA Autonomy & Redshield Electronics Merge as Mach

December 29, 2022 | Posted in Alternative Power Sources, Autonomous Ag Machinery

According to a Dec. 27 report from FarmProgress, ag tech firms LSA Autonomy and Redshield Electronics have merged as Mach.

COVID-19 Causes Trelleborg Wheel & Tire Revenues to Slip

April 15, 2021 | Posted in Earnings Reports

Despite “fast and decisive” implementation of infection containment measures that enabled Trelleborg Wheel Systems to keep its factories operating with a safe environment for employees, the agricultural tire and rim supplier still recorded lower net sales last year due largely to the coronavirus pandemic.

ASV Holdings Signs Definitive Merger Agreement with Yanmar Holdings

June 28, 2019 | Posted in Mergers & Acquisitions

ASV Holdings (NASDAQ: ASV), a manufacturer of rubber-tracked compact track loaders (CTLs) and wheeled skid steer loaders (SSLs) in the compact construction equipment market, announced that it has entered into a definitive merger agreement with an affiliate of Yanmar Holdings.

Heartland Ag & AG Systems Merger Creates Case IH’s Largest Commercial Application Group

March 5, 2019 | Posted in Mergers & Acquisitions

Heartland Ag (Ames, Iowa) and AG Systems (Hutchinson, Minn.) have announced a merger of the two organizations effective March 1, 2019.

Prairieland Partners, Concordia Tractor Plan to Merge Their Deere Dealerships in Kansas

October 4, 2018 | Posted in Mergers & Acquisitions

Source: Marion County Record

The agreement is scheduled to effect in January 2019. Both dealerships carry John Deere equipment as their major line.

On The Record

JCB Makes Strides in Expanding Ag Dealer Network

By Kim Schmidt posted on March 19, 2015

In today's newscast we report on whether the Fed's announcement will impact farm equipment manufacturers, how the strong U.S. dollar is impacting exports, AgJunction's recent merger, JCB's expanding dealer network for ag equipment and worldwide tractor sales.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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