Evidence continues to mount that ag is an attractive place to invest these days. News during the past few weeks has reinforced the trend of international investments in agriculture — especially in farm equipment.
While many of the deals are coming from within the industry, a high level of interest is coming from financial investment firms that see agriculture as a good place to put their money.
Oxbo International Corp. in the U.S. and Ploeger Agro B.V. of the Netherlands merged to create the world’s largest specialty harvesting equipment company. Here’s a quick rundown of activity that’s taken place in just the past few weeks:
- CNH struck a strategic alliance with Brazilian company Semeato to provide planters and drills for the South American market.
- AGCO purchased GSI Holdings Corp. from affiliates of Centerbridge Partners, L.P. GSI manufactures grain storage and protein production systems. AGCO cited international expansion as well as synergies in North America as reasons for the acquisition.
- Both Deere and AGCO announced expansion plans in South America. AGCO also acquired a sugarcane harvester manufacturer.
Read more on Farm-Equipment.com
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