Illinois based Deere & Company a leading manufacturer of agricultural, construction, and forestry machinery, diesel engines, drivetrains has signed an agreement to acquire Brazil based Unimil.
Details are provided below:
- Unimil, deals in the aftermarket service parts business for sugarcane harvesters
- Even after Unimil will retain its brand name. Deere plans to continue the current direct-to-customer business model of selling Unimil products.
- “The decision to acquire this company in the aftermarket parts business emphasizes our commitment to customers,” said Cory Reed, president of Deere’s Worldwide Agriculture and Turf Division in the Americas. “Unimil has earned the confidence of customers in the sugarcane parts business by providing excellent service and products.”