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DEERE & COMPANY COMPLETES PLA ACQUISITION
Sep. 27, 2018
Source: Deere & Company news release
Deere & Company (NYSE: DE) has completed its acquisition of PLA. In July, Deere said it signed a definitive agreement to purchase the manufacturer of sprayers, planters, and specialty products for agriculture.
PLA is based in Argentina, with manufacturing facilities in Las Rosas, Argentina, and Canoas, Brazil. Founded in 1975, the company has approximately 450 employees and currently markets products on four continents.
Deere & Company (www.JohnDeere.com) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity.
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