M&A Deal Summary

AGCO Acquires InterSystems

On May 23, 2014, AGCO acquired machinery company InterSystems from Pritzker Private Capital

Acquisition Highlights
  • This is AGCO’s 11th transaction in the Machinery sector.
  • This is AGCO’s 5th transaction in the United States.
  • This is AGCO’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2014-05-23
Target InterSystems
Sector Machinery
Buyer(s) AGCO
Sellers(s) Pritzker Private Capital
Deal Type Add-on Acquisition

Target

InterSystems

Omaha, Nebraska, United States
Intersystems is a provider of enclosed belt conveyors, bucket elevators, bulk weighers, truck probes, grain samplers, gravity screeners, distributors, micro ingredient systems, and bolted bin systems. Based in Omaha, the company sells to customers in more than 30 countries worldwide.

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Buyer(S) 1

Buyer

AGCO

Duluth, Georgia, United States

Category Company
Founded 1990
Sector Machinery
Employees25,600
Revenue 14.4B USD (2023)
DESCRIPTION
AGCO's corporate headquarters in Duluth, Georgia.
AGCO's corporate headquarters in Duluth, Georgia.

AGCO is a manufacturer of agricultural equipment. AGCO offers tractors, combines, hay tools, sprayers, forage, and tillage equipment, which are distributed through more than 2,700 independent dealers and distributors in more than 140 countries worldwide. AGCO was incorporated in 1990 and is based in Duluth, Georgia.


DEAL STATS #
Overall 12 of 23
Sector (Machinery) 11 of 15
Type (Add-on Acquisition) 9 of 16
State (Nebraska) 1 of 1
Country (United States) 5 of 7
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-26 Johnson System

Marshall, Michigan, United States

Johnson System, Inc. is a manufacturer of catwalks, towers and support structures. JSI fabricates temporary storage systems, aeration systems, superstructures, decks, stair systems, grain ladders and numerous other agricultural products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 Cimbria A/S

Thisted, Denmark

Cimbria A/S is a manufacturer of equipment used for either seed processing or post-harvest grain handling. The company’s products include equipment for cleaning, drying and storing grain and seed, as well as conveyors linking equipment in a handling or processing line. Products range from standalone equipment pieces to large custom built project installations. Cimbria operates two production facilities in Denmark, and one in each of Austria, the Czech Republic and Italy.

Buy $340M

Seller(S) 1

SELLER

Pritzker Private Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Family Office
Founded 1996
Size Large
Type Sector Agnostic
DESCRIPTION

Pritzker Private Capital is a family office and private investment firm focused on leveraged buyouts, acquisitions, and recapitalizations of profitable, middle-market, North American companies across a broad range sectors. Specific industries of interest include consumer products and services, industrial products and services, distribution, telecommunications, IT, healthcare, and business services. Target enterprise values are generally between $200 million and $1.5 billion. Pritzker Private Capital was formed in 1996 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 12
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (Nebraska) 1 of 1
Country (United States) 2 of 12
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-28 Technimark

Asheboro, North Carolina, United States

Technimark is a manufacturer of high-value injection-molded packaging and components serving the consumer packaging, healthcare, and industrial markets. Technimark was founded in 1983 and is based in Asheboro, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-17 Impact Products

Toledo, Ohio, United States

Impact Products is a manufacturer and distributor of branded and private label commercial cleaning and maintenance accessories, safety & personal protection products (PPE) for use in the janitorial, foodservice, healthcare, industrial, school, hospitality, commercial office, and retail end markets. Impact offers a comprehensive and well-recognized brand portfolio, consisting of ProGuard, Malt, Layflat, DiversaMed, Foameeze, Naturelle, Eclipse, and Rest Assured.

Sell -