Business Roundup: Deere completes Wirtgen acquisition; New England Manitowoc dealer marks 60th; Volvo adds 3 Midwest dealers; Fla.-based Linder to distribute Atlas equipment; Topcon expands Solutions Store concept

Deere completes acquisition of Wirtgen Group

Exactly six months after announcing the transformative deal, Deere & Company says it has completed its acquisition of the Wirtgen Group.

Plans for the $5.2 billion purchase were announced June 1 and with it John Deere becomes the first manufacturer to have crushing and screening, as well as mobile equipment, all under one company. Deere funded the purchase through a combination of cash and debt.

Before the deal, Deere did not manufacture any road building equipment such as pavers and compaction equipment. Deere says it considers Wirtgen “the leading manufacturer worldwide of road construction equipment.”

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New England Manitowoc crane dealer marks 60th year

Shawmut Equipment is celebrating its 60th anniversary of selling and renting cranes, serving as one of Manitowoc Cranes’ leading distributors.

Shawmut was founded in 1957 in Connecticut by George O’Connell as a crane distributor for Connecticut and western Massachusetts. It represents all Manitowoc crane brands: Manitowoc, Grove, National and Potain. It became one of Grove’s first distributors in 1963.

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Volvo CE names three new Midwest dealers

Volvo Construction Equipment has added three new dealers in South Dakota, Iowa and Nebraska.

TranSource Truck & Equipment Inc. is now an official Volvo dealer in South Dakota. In Iowa, Housby Heavy Equipment has become a Volvo dealer, and so has Wise Heavy Equipment in Nebraska.

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Fla.-based Linder to distribute Atlas GMBH equipment in U.S.

Linder Industrial Machinery has become the exclusive importer and primary U.S. distributor for all Atlas GMBH products, except its cranes.

The German-based Atlas manufactures wheeled, crawler and railroad excavators, material handlers and wheel loaders.

Linder, based in Plant City, Florida, has 18 locations throughout the Southeast and has sold and distributed Atlas products for over three years.

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Topcon expands Solutions Store concept to Pacific Northwest

Topcon has expanded its Solutions Store concept to two more locations, in Portland, Oregon, and Kent, Washington.

PPI Group, a 90-year-old architectural, engineering and construction firm, will become the latest positioning distributor, under the name PPI Group, Topcon Solutions Store. PPI will run both Pacific Northwest stores.

That gives Topcon’s stores 13 North American locations.

To read more, click here.