AGCO Corporation NYSE AGCO a worldwide manufacturer and distributor of agricultural machinery and Precision Ag technology announced it has entered into a Joint Venture JV with Trimble Nasdaq TRMB where AGCO will acquire an 85 interest in Trimbles portfolio of Ag assets and technologies for cash consideration of 2.0 billion and the contribution of JCA Technologies.
Transformational transaction creates an industry leading global mixed-fleet Precision Ag platform
Enhances AGCO’s comprehensive technology offering around guidance, autonomy, precision.
/PRNewswire/ Trimble (NASDAQ: TRMB) announced today a definitive agreement to form a joint venture (the "JV") with AGCO (NYSE: AGCO) to better serve farmers.
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