List Your Equipment  /  Dealer Login

Deere & Company Completes Acquisition of the Wirtgen Group

In June, Deere announced a definitive agreement to purchase the international privately-held company.

Fri December 01, 2017 - National Edition
Construction Equipment Guide


Allen said the acquisition aligns with Deere's long-term strategy to expand in both agriculture and construction – the company's two global growth businesses.
Allen said the acquisition aligns with Deere's long-term strategy to expand in both agriculture and construction – the company's two global growth businesses.

Deere & Company has completed its acquisition of the Wirtgen Group, the leading manufacturer worldwide of road construction equipment. In June, Deere announced a definitive agreement to purchase the international privately-held company.

“The Wirtgen Group will enhance the size, scale and stature of our construction equipment business and will help Deere continue its global growth,” said Samuel R. Allen, Deere & Company chairman and chief executive officer.

The Wirtgen Group has a global footprint with approximately 8,200 employees and sells products in more than 100 countries through a large network of company-owned and independent dealers. Wirtgen's product portfolio is complementary to Deere's existing construction equipment offering and establishes Deere as the industry leader in global road construction. The Wirtgen Group has premium brands across the entire road construction sector spanning milling, processing, mixing, paving, compaction and rehabilitation.

Allen said the acquisition aligns with Deere's long-term strategy to expand in both agriculture and construction – the company's two global growth businesses.

Deere & Company (www.JohnDeere.com) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity.




Today's top stories

Charlotte's Airport Adds $1B Fourth Parallel Runway

Shelly & Sands Aims to Relieve Congestion at 'The Point' in Ohio

ABC: Georgia Is Number One State for Construction

ASV Bolsters Forestry, Construction, Landscaping, Snow Clearing Attachment Lineup

AEM Welcomes 2024 Officers, New Directors at Annual Conference

West Side Tractor Receives National Women's Business Enterprise Certification

Work to Soon Begin On 58-Story Residential Tower Along Jersey City's Waterfront

Ferronordic Acquires Volvo CE Dealer Rudd Equipment


 






aggregateequipmentguide-logo agriculturalequipmentguide-logo craneequipmentguide-logo forestryequipmentguide-logo truckandtrailerguide-logo
39.04690 \\ -77.49030 \\ Ashburn \\ PA