AGCO Announces Completion of Sale of TAFE Interest

Core Points - AGCO Corporation completed the sale of its ownership interest in Tractors and Farm Equipment Limited (TAFE) for a total of $260 million, with after-tax proceeds amounting to approximately $230 million on September 30, 2025 [1][2]. Company Overview - AGCO is a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, with a brand portfolio that includes Fendt®, Massey Ferguson®, PTx, and Valtra® [3]. - In 2024, AGCO reported net sales of approximately $11.7 billion [3].