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New Deal


Announced

Completed

John Deere completed the acquisition of Smart Apply.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Machinery: Agricultural

spraying technologies

Majority

agriculture

United States

Acquisition

Domestic

Completed

Friendly

Single Bidder

Synopsis

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John Deere, a wholesale distributior of machinery and equipment, completed the acquisition of Smart Apply, a provider of precision spraying technologies to permanent crop agriculture producers globally. Financial terms were not disclosed. "This is a natural progression of the two companies' working relationship. It's a continuation of our commitment to high-value crop customers and dealers, further expanding a portfolio of solutions to help growers address their biggest challenges around labor, input costs, and regulatory requirements, and achieve environmental goals," Mike Bailey, John Deere Small Tractor & HVC Production System Director.

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