AGCO Acquires Appareo Systems
December 21, 2021
AGCO has agreed to acquire Appareo Systems, a Fargo-based provider of software engineering, hardware development and electronic manufacturing, to strengthen AGCO's engineering and manufacturing capabilities and expand its software and hardware development capacity. The acquisition, announced December 21, 2021, is expected to close in January 2022, and AGCO intends to retain Appareo's team and operations in Fargo, North Dakota and Paris, France.
- Buyers
- AGCO
- Targets
- Appareo Systems, LLC
- Industry
- Manufacturing
- Location
- North Dakota, United States
- Transaction Type
- Buyout
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