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AGCO ACQUIRES GRAIN HANDLING SYSTEM MANUFACTURER INTERSYSTEMS
Source: AGCO news release

AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that it has agreed to acquire Intersystems Holdings Inc. and subsidiary ("Intersystems"), subject to certain regulatory approvals.

Headquartered in Omaha, Nebraska, Intersystems is a leading manufacturer of commercial material handling solutions sold to grain operations globally.

"Intersystems products are recognized for their performance, quality and efficiency by its customers, including feed mills, inland grain terminals and sea port facilities. The company is an excellent fit with GSI and will allow us to expand our grain handling and storage business in the fast growing off-farm segment," stated Martin Richenhagen, AGCO's Chairman, President and Chief Executive Officer.


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