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DE Deere and Co

405.57
0.00 (0.00%)
Pre Market
Last Updated: 13:41:38
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deere and Co NYSE:DE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 405.57 515 13:41:38

Deere to Buy Sugarcane Harvester Aftermarket Parts Provider Unimil

14/10/2019 4:52pm

Dow Jones News


Deere (NYSE:DE)
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By Colin Kellaher

 

Deere & Co. (DE) on Monday said it agreed to buy Unimil, a privately held Brazilian provider of aftermarket parts for sugarcane harvesters, for an undisclosed amount.

The Moline, Ill., maker of farm and construction machinery said Unimil, which has about 430 employees, will retain its current brand name.

Deere, which recently introduced a new sugarcane harvester designed to reduce production costs, said it plans to continue the current direct-to-customer business model of selling Unimil products while offering dealers an opportunity to provide additional services and support to sugarcane customers.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 14, 2019 11:37 ET (15:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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