M&A Deal Summary

American Industrial Partners Acquires AGCO - Grain & Protein Division

On July 25, 2024, private equity firm American Industrial Partners acquired machinery company AGCO - Grain & Protein Division from AGCO for 700M USD

Acquisition Highlights
  • This is American Industrial Partners’ 12th transaction in the Machinery sector.
  • This is American Industrial Partners’ 4th largest (disclosed) transaction.
  • This is American Industrial Partners’ 44th transaction in the United States.
  • This is American Industrial Partners’ 1st transaction in Georgia.

M&A Deal Summary

Date 2024-07-25
Target AGCO - Grain & Protein Division
Sector Machinery
Buyer(s) American Industrial Partners
Sellers(s) AGCO
Deal Type Divestiture
Deal Value 700M USD

Target

AGCO - Grain & Protein Division

Duluth, Georgia, United States
AGCO's Grain & Protein Division designs manufactures, and globally markets grain storage and seed processing equipment and solutions as well as feeding, watering, climate management, and control systems for worldwide protein production, principally poultry, swine, and egg.

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Buyer(S) 1

Buyer

American Industrial Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 10.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

American Industrial Partners is a private equity firm focused on investments in North American manufacturing or industrial service companies. For platform acquisitions, the Firm seeks businesses with at least $500 million of revenue and the Firm will consider transactions valued up to $2 billion. Operating characteristics of prospective businesses include historical record of strong free cash flows, opportunities to drive value through operating enhancements, and sustainable competitive advantages. American Industrial Partners will consider a variety of transaction types including leveraged buyouts, structured equity investments, bridge financings, senior debt, carve-outs, take privates, turnarounds, and rescue financings. American Industrial Partners was formed in 1989 and is based in New York City.


DEAL STATS #
Overall 51 of 53
Sector (Machinery) 12 of 12
Type (Divestiture) 17 of 19
State (Georgia) 1 of 1
Country (United States) 44 of 46
Year (2024) 4 of 6
Size (of disclosed) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 Aker BioMarine - Feed Ingredients Business

Norway

Aker BioMarine's Feed Ingredients Business is an industrial-scale krill harvester and brings a natural, sustainable, and health-promoting source of nutrients into both animal and human nutrition.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-31 Nexpera

Newark, Delaware, United States

Nexpera is an industrial chemistry solutions provider specializes in sulfuric acid and potassium hydroxide (KOH) regeneration services, as well as sulfur-based chemical products and related services. Nexpera is based in Newark, Delaware.

Buy -

Seller(S) 1

SELLER

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 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-11 FarmFacts

Pfarrkirchen, Germany

FarmFacts is a provider of farm management software. FarmFacts specializes in software for farmers and service providers to generate field action plans from prescription maps to guidance line creation. FarmFacts is based in Pfarrkirchen, Germany.

Buy -