AGCO to acquire majority stake in Trimble’s precision agriculture business for $2 billion
Real Agriculture
SEPTEMBER 28, 2023
AGCO is set to become a majority owner of Trimble’s precision agriculture business. The two companies have entered a joint venture agreement, which will see AGCO pay Trimble US$2 billion for an 85 per cent stake. JCA Technologies, the Manitoba-based autonomous tech company which was acquired by AGCO in 2022, will also be brought into.
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