Martin Richenhagen, who is now AGCO president and CEO, has eased up a little on the acquisition throttle but continued the company’s growth. It now has about 3,000 dealers in 150 countries on six continents.
What tractor companies does AGCO own?
Our collection of brands is a large part of what makes AGCO so unique. Our brands are powerful. They’re modern. They’re well-known brands like Challenger, Fendt, GSI, Massey Ferguson and Valtra.
Does Cat own AGCO?
Caterpillar Sells Tractor Line to AGCO As Economy Batters Equipment Sector. Caterpillar Inc., retreating from its 14-year-old foray into the farm-equipment business, agreed to sell the manufacturing and marketing of its tractor line to farm-equipment maker AGCO Corp. Terms of the deal weren’t disclosed.
Do they still make AGCO tractors?
IT HAS been almost two months since AGCO Senior Vice President and General Manager Bob Crain issued a letter to dealers that the AGCO brand name will be discontinued. … Parts will continue to be supplied through AGCO Corporation dealers for a minimum of 10 years beyond the final production date of 2010.
Is Claas owned by AGCO?
(Reuters) – Farming equipment manufacturer AGCO Corp. AGCO. N does not have immediate plans to purchase a stake in 365FarmNet, a farm management company and software platform that is a subsidiary of Germany-based Claas KGaA mbH CLAAS. UL, AGCO’s chief executive said on Tuesday.
Who is the largest farm equipment manufacturer?
Revenue of the world’s largest farm machinery manufacturers 2020. With related revenue streams of around 32 billion U.S. dollars, Deere & Company was the world’s largest farm machinery manufacturer in 2020, ahead of CNH Industrial.
Is AGCO getting rid of Challenger?
“We discontinued Challenger in Europe,” said AGCO CEO Martin Richengen when speaking with Country Guide at Agritechnica. “It’s really an American brand. Nobody needed it here.”
Who is Kubota owned by?
Kubota Corporation (株式会社クボタ, Kabushiki-kaisha Kubota) is a tractor and heavy equipment manufacturer based in Osaka, Japan. One of its notable contributions was to the construction of the Solar Ark.
|Kubota headquarters in Naniwa-ku, Osaka, Japan|
|Net income||$ 1.28 billion (FY 2014) (¥ 131.66 billion) (FY 2014)|