About This Deal

AGCO Corporation acquired Farmer Automatic GmbH & Co. KG for approximately $17.9 million.

On April 17, 2015 AGCO acquired Farmer Automatic GmbH & Co. KG for approximately $17.9 million, net of cash acquired. Headquartered in Laer, Germany, Farmer Automatic manufactures and supplies poultry housing and related products, including egg-production cages.

The tuck-in strengthened AGCO's protein-production equipment offering, deepening the poultry and animal-housing capabilities that sat alongside its grain systems in the Grain & Protein business.

Deal Terms

Acquirer
AGCO Corporation
Target
Farmer Automatic GmbH & Co. KG
Value
Approximately $17.9 million
Date
Not disclosed
Type
Not disclosed
Status
Not disclosed

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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