M&A Deal Summary

Deere Acquires PLA S.A.

On July 31, 2018, Deere acquired machinery company PLA S.A.

Acquisition Highlights
  • This is Deere’s 8th transaction in the Machinery sector.
  • This is Deere’s 1st transaction in Argentina.

M&A Deal Summary

Date 2018-07-31
Target PLA S.A.
Sector Machinery
Buyer(s) Deere
Deal Type Add-on Acquisition

Target

PLA S.A.

Santa Fe, Argentina
PLA is a manufacturer of sprayers, planters, and specialty products for agriculture. PLA is based in Argentina, with manufacturing facilities in Las Rosas, Argentina, and Canoas, Brazil.

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Buyer(S) 1

Buyer

Deere

Moline, Illinois, United States

Category Company
Founded 1837
Sector Machinery
Employees83,000
Revenue 60.2B USD (2023)
DESCRIPTION
Deere's corporate headquarters in Moline, Illinois.
Deere's corporate headquarters in Moline, Illinois.

Deere & Company is a producer of machinery and operates in three segments. The agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The construction and forestry segment primarily manufactures and distributes a broad range of machines and service parts used in construction, earthmoving, material handling, and timber harvesting. The products and services produced by the segments above are marketed primarily through independent retail dealer networks and major retail outlets. Finally, the financial services segment provides financing for new and used Deere equipment. Deere was founded in 1837 and is based in Moline, Illinois.


DEAL STATS #
Overall 15 of 22
Sector (Machinery) 8 of 9
Type (Add-on Acquisition) 13 of 19
Country (Argentina) 1 of 1
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-02 King Agro

Valencia, Spain

King Agro SpA is a manufacturer of carbon fiber technology products for agriculture Industry. King Agro is based in Valencia. Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-09 OnLink

Radnor, Pennsylvania, United States

OnLink is a cloud-based golf course management platform that enables golf courses to collect data and manage equipment, labor, water, chemicals and nutrients, and playing conditions.

Buy -