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AGCO and Trimble Close Joint Venture, Form PTx Trimble
AGCOAGCO (AGCO) Prnewswire·2024-04-01 20:05

Leading ag tech deal creates an industry-leading, mixed-fleet precision ag platform serving farmers globally DULUTH, Ga. and WESTMINSTER, Colo., April 1, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the ...