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AGCO and Geringhoff Announce Collaboration Agreement to Develop and Distribute Combine Harvester Header Technologies March 05, 2021

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AGCO and Geringhoff Announce Collaboration Agreement to Develop and Distribute Combine Harvester Header Technologies March 05, 2021 AGCO and Geringhoff Announce Collaboration Agreement to develop and distribute combine harvester header technologies March 05, 2021 DULUTH, GA, March 05, 2021 – AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, and Carl Geringhoff Vertriebsgesellschaft mbH & Co. KG, announced today that an agreement has been signed for the two companies to form a collaboration for the distribution and development of combine harvester headers. “Geringhoff is a strong business that plays an essential role in the growth and adoption of innovative combine harvester header technologies that help farmers enhance their productivity,” said Barry O’Shea, Vice President Product Line Leader for AGCO combines. “As a leading global equipment manufacturer, AGCO is uniquely positioned to support broader distribution of Geringhoff combine harvester cutting heads alongside its own combine harvesters. The collaboration will also result in the development of innovative harvesting products that improve the efficiency and productivity for farmers around the world.” “The agreement between Geringhoff and AGCO will provide new opportunities for Geringhoff to grow its global combine header business and develop new harvesting cutting technologies to strengthen our position as leading supplier for arable farmers across the globe,” said Daniel Hansmeier, Geringhoff’s Chief Executive Officer. About Carl Geringhoff Vertriebsgesellschaft mbH & Co. KG Geringhoff was founded in 1880 and has been a part of the farm equipment industry ever since. The company continues to be a family business and is now in its fifth generation. Geringhoff’s origins 140 years ago was as a metal forging and farm equipment trading company. It has since evolved into a modern international provider of engineered harvest heads and is a key employer in the areas where they operate. By continuously engineering improvements to their products, Geringhoff has earned an international reputation for technology, quality and innovation. Today Geringhoff operates in three main locations. The company’s headquarters and main facility is located in Ahlen, Germany, where the company was founded. Geringhoff operates a modern spare parts and distribution center in Guissen. The third main location is in St. Cloud, Minnesota, U.S., founded in order to better serve their North American customers through manufacturing, distribution, service and parts. For more information, please visit www.geringhoff.com or follow the company on Twitter @geringhoff. About AGCO AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.0 billion in 2019. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR. Contact Cristiane Masina AGCO Corporation 1 770 813 6198 [email protected].
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