Acquisitions · Farm implements
Kubota buys Kansas farm implement maker Great Plains for about $430 million
- Buyer
- Kubota (via Kubota U.S.A.) (Osaka)
- Target
- Great Plains Manufacturing, Salina, Kansas
- Value
- About $430M (about ¥49.5B), subject to adjustment
- Status
- Agreed on May 13, 2016; completed in 2016.
- Date
- 2016-05-13
Kubota agreed to buy Great Plains Manufacturing, a maker of farm implements based in Salina, Kansas, through its US subsidiary. The price was about $430 million, subject to adjustment.
Why it matters
Implements that attach to tractors let Kubota sell more complete equipment packages to large US farms.
Sources
Kakehashi M&A News home
