AGCO and Trimble close PTx Trimble precision agriculture joint venture
Evidence notes
- AGCO and Trimble completed the transaction forming the PTx Trimble precision-agriculture joint venture.
- The completed structure gives AGCO an 85 percent interest in the venture.
- PTx Trimble combines guidance, autonomy and mixed-fleet precision-agriculture technologies.
Company context
AGCO manufactures agricultural equipment and precision-agriculture systems through brands including Fendt, Massey Ferguson and Valtra.