American Industrial Partners Acquires AGCO’s Grain & Protein Business

July 25, 2024

American Industrial Partners (AIP) acquired AGCO’s Grain & Protein division in an all-cash transaction valued at approximately $700 million. The divested business operates as a standalone, privately held company named Grain & Protein Technologies, led by Jacob Thomas as CEO.

Targets
AGCO’s Grain & Protein division (rebranded as Grain & Protein Technologies)
Sellers
AGCO Corporation
Location
Georgia, United States
Transaction Type
Divestiture

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