M&A - AGCO CORP /DE

Form Type: 8-K

Filing Date: 2025-04-25

Corporate Action: Acquisition

Type: Update

Accession Number: 000088026625000022

Filing Summary: On April 24, 2025, AGCO Corporation reported the completion of the sale of its majority-owned Grain & Protein (G&P) business to A-AG Holdco Limited, an affiliate of American Industrial Partners, which occurred on November 1, 2024. This divestiture included well-known brands such as GSI®, Automated Production® (AP), Cumberland®, Cimbria®, and Tecno®. The results of the divested G&P business were previously included in AGCO's financial reporting for various global segments but have since been moved to a separate 'Other' category to maintain accurate segment financial comparisons. The report includes detailed financial metrics associated with the G&P business before its divestiture, showing how revenue and income from operations were impacted across different quarters of 2024 and 2023.