Wednesday, July 26, 2017

AGCO buys Precision Planting

AGCO has a deal to buy Precision Planting LLC from The Climate CAorporation, a subsidiary of Monsanto.

The acquisition of Precision Planting will solidify AGCO as one of the global leaders in planting technology and strengthen our position as a full line partner for professional farmers across the globe,” says Martin Richenhagen, AGCO’s chairman, president and chief executive officer.

No financial terms of the deal have been disclosed.