M&A Deal Summary

Husqvarna Acquires InCeres

On August 23, 2024, Husqvarna acquired business services company InCeres

Acquisition Highlights
  • This is Husqvarna’s 1st transaction in the Business Services sector.
  • This is Husqvarna’s 1st transaction in Brazil.

M&A Deal Summary

Date 2024-08-23
Target InCeres
Sector Business Services
Buyer(s) Husqvarna
Deal Type Add-on Acquisition

Target

InCeres

São Paulo, Brazil
InCeres is a digital platform in the Professional light agriculture segment. The company is an expert in soil analysis that facilitates decision-making and improves productivity for farmers. InCeres is based in São Paulo, Brazil.

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Buyer(S) 1

Buyer

Husqvarna

Stockholm, Sweden

Category Company
Founded 1689
Sector Machinery
Employees13,963
Revenue 53.3B SEK (2023)
DESCRIPTION

Husqvarna is a producer of outdoor power products including robotic mowers, garden tractors, chainsaws and trimmers. Husqvarna also produces consumer watering products as well as cutting equipment and diamond tools for the construction and stone industries. Husqvarna was founded in 1689 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 16 of 16
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 14 of 14
Country (Brazil) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Orbit

Bountiful, Utah, United States

Orbit is a provider of residential watering solutions whose mission is to bring smart technology to homeowners, landscape professionals, and farmers across the globe. The company serves markets spanning six continents and 40 countries, and for decades has been a worldwide leader in designing and building innovative water optimization products. Orbit is based in Bountiful, Utah.

Buy $480M