Leading ag tech deal creates an industry-leading, mixed-fleet precision ag platform serving farmers globally

DULUTH, Ga. and WESTMINSTER, Colo., April 1, 2024 /PRNewswire/ — AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble’s precision agriculture business and AGCO’s JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.

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