AGCO Corporation
AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural equipment and precision farming technologies, headquartered in Duluth, Georgia, United States. The company's mission is "to provide high-tech solutions for farmers feeding the world," emphasizing innovation and sustainability to enhance agricultural productivity.
AGCO offers a comprehensive range of products and services, including tractors, combines, foragers, hay tools, self-propelled sprayers, seeding and tillage equipment, grain storage systems, and diesel engines. Its diverse portfolio of well-known brands includes Challenger, Fendt, Gleaner, GSI, Massey Ferguson, Valtra, AGCO Power, Precision Planting, and PTx Trimble. The company also provides parts, service, and financial solutions to farmers worldwide, operating in over 140 countries with strong market penetration in North America, Europe, and South America.
Under the leadership of Chairman, President, and CEO Eric Hansotia, AGCO has accelerated its investment in precision agriculture, digital solutions, and sustainability initiatives. Notable recent developments include the significant acquisition of 85% of Trimble Inc. for US$2 billion in 2024, aiming to boost its precision agriculture offerings. The company reported net sales of approximately $11.7 billion in 2024 and is targeting $2.0 billion in Precision Ag net sales by 2029. Recent news in June 2026 highlighted advances in fuel efficiency across its Fendt, Massey Ferguson, and Valtra brands.
Latest updates
