road

Farm Machinery Giant Acquiring Leading Road Construction Manufacturer

Dan Industry News Release

Deere & Company announced it has signed an agreement to acquire the Wirtgen (Vert-gIN )Group, a privately-held international company that is the leading manufacturer worldwide of road construction equipment. The acquisition is valued at $5.2 billion, or 4.35 billion euros, in an all-cash transaction. Headquartered in Germany, the Wirtgen Group has five premium brands across the entire road construction sector …