AGCO intends to acquire Lely forage division

Forage division a leading manufacturer of balers and loader wagons in Europe.

AGCO, a worldwide manufacturer and distributor of agricultural equipment, announced that it has reached agreement in principle to acquire the forage division of Lely Group. Lely's forage division is a leading manufacturer of balers and loader wagons in Europe.

AGCO is a global leader in the design, manufacture and distribution of agricultural solutions and has a full line of farming equipment and related services. The takeover allows AGCO to further broaden its range of forage harvest

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