Deere & Co. completes acquisition of Wirtgen Group

By |  December 4, 2017

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.

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