Deere & Co. completes acquisition of Wirtgen Group
Deere & Co. completed its acquisition of the Wirtgen Group, a worldwide manufacturer of road construction equipment.
The Wirtgen Group has a global footprint with about 8,200 employees and sells products in more than 100 countries. According to Deere & Co., the Wirtgen Group’s product portfolio is complementary to its existing construction equipment. The Wirtgen Group provides equipment for a range of construction applications, including milling, processing, mixing, pacing, compaction and rehabilitation.
“The Wirtgen Group will enhance the size, scale and stature of our construction equipment business and will help Deere continue its global growth,” says Samuel Allen, chairman and chief executive officer at Deere & Co.
The acquisition aligns with Deere & Co.’s long-term strategy to expand both in agriculture and construction, Allen adds.
About the Author: Allison Kral
Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.Subscribe to Pit & Quarry
If you enjoyed this article, subscribe to Pit & Quarry to receive more articles just like it.
