Tag: Wirtgen acquisition

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