Farm Equipment - AGCO to buy Monsanto's farm equipment business

Print Page | Close Window

AGCO to buy Monsanto's farm equipment business

Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=140828
Printed Date: 11 May 2025 at 5:42pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com

Topic: AGCO to buy Monsanto's farm equipment business

Posted By: EPALLIS
Subject: AGCO to buy Monsanto's farm equipment business
Date Posted: 26 Jul 2017 at 8:34pm

July 26 (Reuters) - Agricultural equipment maker AGCO Corp said on Wednesday it would buy Monsanto Co's farm equipment business for an undisclosed amount.

The deal comes after Monsanto, the world's largest seed company, terminated in May its agreement to sell the unit, Precision Planting LLC, to machinery maker Deere & Co, amid regulatory pressure.

The U.S. Department of Justice had filed a lawsuit to block the sale, arguing the deal could make it more expensive for farmers to use fast, precise planting technology. ( http://bit.ly/2tZoOLm" rel="nofollow -

"The acquisition of Precision Planting will solidify AGCO as one of the global leaders in planting technology...," AGCO Chief Executive Martin Richenhagen said in a statement.

Replies:

Posted By: Auntwayne
Date Posted: 26 Jul 2017 at 9:20pm

Thank you for posting that.

-------------
Dad always said," If you have one boy, you have a man. If you have two boys, you have two boys". "ALLIS EXPRESS"

Posted By: CrestonM
Date Posted: 26 Jul 2017 at 9:45pm

Very interesting! Thanks!

Posted By: Kurt WI
Date Posted: 27 Jul 2017 at 6:13am

Interesting

-------------
WD D17D 170 190xt 190xtIII 200 7020

Posted By: GM Guy
Date Posted: 30 Jul 2017 at 11:40pm

well, lets hope they dont use the tech to ruin the exisiting planters. Offer it as an option package maybe, but there is a reason many people use a White, and that is because it is not a vacuum planter like a JD that needs all the precision stuff to be somewhat accurate.

-------------
Gleaner: the properly engineered and built combine.

If you need parts for your Gleaner, we are parting out A's through L2's, so we may be able to help.

Posted By: LeonR2013
Date Posted: 31 Jul 2017 at 8:17am

Well, there you go folks. You're selling your arse and it's going to be bitten.

Posted By: DanWi
Date Posted: 31 Jul 2017 at 10:07pm

Hope it doesn't go like john deere buying out Hagie. The neighbor who put nitrogen on my corn for me was telling that the salesman from hagie had a system and knew which guys to sell new to then take the 2 or 3 year old machines and what guys wanted them and so on. But the neighbor who gets a new one every 2nd or 3rd year says he hasn't even had a salesman come and visit.

Posted By: DougG
Date Posted: 25 May 2021 at 5:33pm

Thaought Martin retired at the end of the year ?

Posted By: bigal121892
Date Posted: 25 May 2021 at 6:56pm

Actually, the White VE planters, are vaccum.