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New Deal


Announced

Completed

John Deere completed the acquisition of the remaining stake in Deere-Hitachi joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

construction equipment

Completed

Acquisition

Machinery: Construction

United States

Brazil

Cross Border

Majority

Private

Synopsis

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John Deere, a provider of wholesale distribution of machinery and equipment, completed the acquisition of the remaining stake in Deere-Hitachi joint venture, a firm that manufactures Deere-branded construction excavators and forestry equipment. Financial terms were not disclosed. "As we launch this new chapter, our legacy of innovation continues. Going forward, we can leverage technology developed for other product lines and production systems across the Deere enterprise and extend those advanced solutions to Deere-designed excavators, strengthening the entire product portfolio," John Stone, John Deere President.

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