M&A Deal Summary

Titan Machinery Acquires Adobe CE

On March 4, 2013, Titan Machinery acquired distribution company Adobe CE

Acquisition Highlights
  • This is Titan Machinery’s 5th transaction in the Distribution sector.
  • This is Titan Machinery’s 17th transaction in the United States.
  • This is Titan Machinery’s 1st transaction in New Mexico.

M&A Deal Summary
Date 2013-03-04
Target Adobe CE
Sector Distribution
Buyer(s) Titan Machinery
Deal Type Add-on Acquisition

Target

Adobe CE

Albuquerque, New Mexico, United States
Adobe CE LLC is a construction equipment dealership provider.

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Buyer(S) 1

Buyer

Titan Machinery

West Fargo, North Dakota, United States
Category Company
Founded 1980
Sector Retail
Employees3,338
Revenue 2.2B USD (2023)
DESCRIPTION

Titan Machinery is an owner and operater of a network of full service agricultural and construction equipment stores in the United States and Europe. The Titan Machinery network consists of 97 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, including three outlet stores, and 16 European dealerships in Romania, Bulgaria, Serbia, and Ukraine. Titan Machinery was founded in 1980 and is based in West Fargo, North Dakota.

DEAL STATS #
Overall 17 of 22
Sector (Distribution) 5 of 7
Type (Add-on Acquisition) 17 of 22
State (New Mexico) 1 of 1
Country (United States) 17 of 20
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-19 Tucson Tractor Company

Tucson, Arizona, United States

Tucson Tractor Company is a Case Construction equipment dealership located in Tucson, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-30 AGRAM Landtechnikvertrieb

Burkau, Germany

AGRAM is a successful Case IH and Steyr dealership complex. AGRAM consists of four Case IH agriculture dealership locations in the following cities of Germany: Burkau, Altranft, Rollwitz and Gutzkow.

Buy -
Mergr

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