Deere to Acquire Wirtgen Group

摘要

In a stunning and strategic move, Deere & Company has signed a definitive agreement to acquire the Wirtgen Group. The move gives Deere a worldwide presence in road construction equipment, along with a host of products (asphalt and concrete pavers, rollers, milling machines, crushers, and asphalt plants) it has never offered before. In addition, it presumably opens up a European dealer network for Deere's yellow iron. Outside of Russia, Deere Construction & Forestry has little presence in Europe.