AGCO (AGCO) Prnewswire·2025-02-11 13:05Core Insights - AGCO Corporation and SDF have signed a supply agreement to produce a new range of low-mid horsepower tractors under the Massey Ferguson brand, starting mid-2025 [1][2] - The partnership aims to enhance Massey Ferguson's market share in the segment of tractors with up to 85 horsepower, providing farmers with reliable and high-quality equipment [2][3] - SDF's vertically integrated production system will ensure efficiency and innovation in manufacturing proprietary core components for the new tractor range [3] Company Overview - AGCO is a global leader in agricultural machinery and precision ag technology, with net sales of approximately $11.7 billion in 2024 [4] - SDF is a leading manufacturer of tractors and agricultural machinery, with revenues of €2.031 billion and an EBITDA of 15.9% in 2023 [5] Strategic Goals - The partnership aims to increase customer satisfaction and loyalty by leveraging the joint expertise of AGCO and SDF to meet farmers' needs [7] - The companies plan to drive profitable growth through best cost manufacturing, high-quality production, and economies of scale [7]