Deere & Company buys Argentinian agriculture manufacturer
Deere & Company has completed its acquisition of PLA.
This past July Deere signed a definitive agreement to purchase the manufacturer of sprayers, planters, and specialty products for agriculture.
Terms of the deal were not disclosed.
Based in Moline, Ill., Deere & Company manufactures construction and agricultural equipment, along with lawn tractors and mowers.
This past July Deere signed a definitive agreement to purchase the manufacturer of sprayers, planters, and specialty products for agriculture.
PLA is based in Argentina, with manufacturing facilities in Las Rosas, Argentina, and Canoas, Brazil. Founded in 1975, the company has approximately 450 employees and currently markets products on four continents.
Terms of the deal were not disclosed.
Based in Moline, Ill., Deere & Company manufactures construction and agricultural equipment, along with lawn tractors and mowers.