M&A Deal Summary

Titan Machinery Acquires Haberer s Implement

On March 30, 2012, Titan Machinery acquired distribution company Haberer s Implement

Acquisition Highlights
  • This is Titan Machinery’s 2nd transaction in the Distribution sector.
  • This is Titan Machinery’s 11th transaction in the United States.
  • This is Titan Machinery’s 2nd transaction in South Dakota.

M&A Deal Summary

Date 2012-03-30
Target Haberer s Implement
Sector Distribution
Buyer(s) Titan Machinery
Deal Type Add-on Acquisition

Target

Haberer s Implement

Bowdle, South Dakota, United States
Haberer's Implement, Inc. is a provider of an agriculture equipment dealership.

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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 11 of 22
Sector (Distribution) 2 of 7
Type (Add-on Acquisition) 11 of 22
State (South Dakota) 2 of 4
Country (United States) 11 of 20
Year (2012) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-29 Adobe Truck & Equipment

Olathe, Kansas, United States

Adobe Truck & Equipment LLC is a provider of equipment rental services for oil and exploration services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-02 Haberer’s Implement

Bowdle, South Dakota, United States

Haberer’s Implement, Inc. is a case IH brand agriculture equipment dealership located in Bowdle, South Dakota.

Buy -