Workflow
Agricultural and Construction Equipment Dealership
icon
Search documents
Titan Machinery Completes Acquisition of Farmers Implement & Irrigation
Globenewswireยท 2025-05-16 20:05
Company Overview - Titan Machinery Inc. is a leading network of full-service agricultural and construction equipment stores, founded in 1980 and headquartered in West Fargo, North Dakota [3] - The company operates locations in North America, Europe, and Australia, servicing farmers, ranchers, and commercial applicators [3] - Titan Machinery's network includes US locations across multiple states and international stores in Bulgaria, Germany, Romania, Ukraine, and Australia [3] Acquisition Details - Titan Machinery has completed the acquisition of the dealership assets of Farmers Implement & Irrigation, a two-store New Holland dealership in South Dakota [1] - The transaction was finalized on May 15, 2025, and Farmers Implement & Irrigation generated approximately $20 million in revenue for the full calendar year 2024 [1] Strategic Growth - The acquisition aligns with Titan Machinery's strategic growth initiatives and aims to expand its New Holland presence in the eastern South Dakota region [2] - The company emphasizes the importance of customer service, which aligns with the legacy of Farmers Implement & Irrigation established by David Gullickson over his 53-year career [2]