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Tag: Deere Wirtgen
Construction Equipment
Year in Review: The Biggest Construction Equipment News Stories of 2017
2017’s Top Newsmaker: Deere buys Wirtgen After identifying Wirtgen as an attractive strategic fit several years ago, John Deere pulled the trigger in a surprise move this June, buying German equipment manufacturer Wirtgen Group. The all-cash $5.2 billion deal gave Deere access to Wirtgen’s deep roots in roadbuilding and quarry equipment markets. The deal also […]
December 29, 2017
Dealers
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 […]
December 1, 2017
Dealers
Deere to acquire German road equipment maker Wirtgen Group for $5.2 billion
In a surprise announcement during the wee hours of Thursday morning, Deere & Company announced a blockbuster deal to acquire German equipment manufacturer Wirtgen Group. The two companies have signed a definitive agreement on the all-cash deal which will see Deere purchase the road equipment maker for €4.357 billion. When Wirtgen’s debts and other considerations […]
June 1, 2017
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