Väderstad, one of the world’s leading companies in tillage, seeding and planting, has acquired the North Dakota, United-States (US) based company behind the Wil-Rich, Wishek and Concord brands. The business, which will be renamed Väderstad Inc, not only gives the Swedish firm a strong product range of tillage and seeding equipment such as field cultivators, disc harrows, shank drills, disc drills and air carts, but gives it access to a network of 220 US dealers.
The deal will see Väderstad take 100 per cent of the shares in the Agco-Amity Joint Venture (AAJV) company established in 2011 when Agco and Amity Technology joined forces to establish the business. The purchase also builds on the European firm’s 2013 purchase of Canadian-based company Seed Hawk, after having been part-owner since 2006. That company, based in the province of Saskatchewan, was renamed Väderstad Industries Inc and produces the popular Seed Hawk precision air drill for the North American market.
Väderstad president and CEO, Mats Båverud, said the acquisition was in line with the company’s long-term ambition to grow in the North American market.
“AAJV has a strong position on the US market combined with a product portfolio that gives us a more complete product offering in North America,” he added.
AAJV has 110 employees, a manufacturing facility of 30,000 square metres, a parts distribution warehouse, and a research and development facility at Wahpeton, North Dakota.
The CEO of AAJV, Keith Whitaker, said it was a great day for the company, its employees and the Wahpeton community.
“The combination of our highly skilled team and Väderstad’s solid and extensive experience will enable the company to provide a broad set of agronomic solutions for our farmer customers, while achieving our growth objectives with our dealer partners,” he added.
Jason Strobbe, who is Väderstad’s vice president for sales and marketing in North America has been appointed the new managing director for Vaderstad Inc.
- Dealerships wanted to meet demand for Tuchel sweepers
- Reekie Ltd takes on Bauer irrigation equipment at Perth and Cupar depots
- Lemken: Steketee hoeing proves valuable in DeltaRow maize
- John Deere: New Gator snow blades and grit spreaders
- Pöttinger: Mechanical crop care range launched
- Michelin: Three new sizes added to AgriBib IF tyre range
- JF Hudson: Silo Crab minimises waste forage
- Collings Brothers representing Merlo again in the East of England
- Mastenbroek: Drainage plan increases yields and reduces black-grass
- Amazone: Flagship Tyrok 400 offers higher speeds for higher outputs
- Lemken: Latest Azurit drill can sow soy beans to sunflower seeds and apply microgranules
- Hutchinsons: Omnia and Claas collaboration extends connectivity ability
- Horsch: New model M expands Avatar drill range
- Yokohama: OHT division to double capacity of new plant in India
- DataConnect: Mixed fleets from five brands now viewable on a single portal of choice