M&A Deal Summary

Deere Acquires Auteq Telemática SA

On December 4, 2014, Deere acquired software company Auteq Telemática SA

Acquisition Highlights
  • This is Deere’s 1st transaction in the Software sector.
  • This is Deere’s 1st transaction in Brazil.

M&A Deal Summary

Date 2014-12-04
Target Auteq Telemática SA
Sector Software
Buyer(s) Deere
Deal Type Add-on Acquisition

Target

Auteq Telemática SA

Sao Paulo, Brazil
Auteq Telemática is an onboard software and computer company located in Sao Paulo, Brazil.

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Buyer(S) 1

Buyer

Deere

Moline, Illinois, United States

Category Company
Founded 1837
Sector Machinery
Employees35,200
Revenue 50.5B USD (2024)
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 9 of 23
Sector: Software M&A 1 of 4
Type: Add-on Acquisition M&A Deals 7 of 20
Country: Brazil M&A 1 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-28 SiteOne Landscape Supply

Roswell, Georgia, United States

SiteOne Landscape Supply is a distributor of wholesale irrigation, landscape lighting, nursery, hardscapes, maintenance products and supplies for the green industry. SiteOne Landscape Supply was founded in 2001 and is based in Roswell, Georgia.

Sell $465M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-18 John Deere Risk Protection

Johnston, Iowa, United States

John Deere Risk Protection, Inc. is a crop insurance provider.

Sell -