Agricultural engineer Lely is to divest a wind turbine manufacturing business in order to concentrate its strategic focus on dairy farm robotics and data services. The Dutch company is to sell its Lely Aircon wind turbine operation to Bettink Service Team, also based...
Massey Ferguson and Fendt parent AGCO has completed its acquisition of the Precision Planting equipment business from Monsanto subsidiary The Climate Corporation. The deal was first announced in late July, following the termination of an earlier agreement to sell...
AGCO, the holding company behind the Massey Ferguson, Fendt, Valtra and Challenger tractor and farm equipment brands, has agreed to acquire the Precision Planting business from Monsanto subsidiary The Climate Corporation, subject to regulatory approvals. In May this...
The multinational agricultural engineering company Lely is to sell its long established forage equipment business to AGCO Corporation in order to concentrate on its dairy robotics and automation division. The deal is expected to complete by the end of 2017....
Fourth round of Agri-Tech projectsThere have been 21 successful R&D bids for the latest £17.8 million round of financial support from the government’s £70m Agri-Tech Catalyst pot. The UK’s innovation agency, Innovate UK, selected the commercially promising new...