Vaderstad Acquires AGCO-AMITY JV
V盲derstad AB has acquired 100 percent of the AGCO-AMITY JV LLC (AAJV), which is also known as member company Wil-Rich.
Wil-Rich will be integrated into the V盲derstad global group of companies under the company name V盲derstad Inc.
Since 2011, Wil-Rich has designed and manufactured the Wil-Rich, Wishek and Concord brands of products, which are sold through 270 dealers worldwide with a concentration of dealers in the U.S.
The acquisition offers the V盲derstad Group access to distribution outlets in the U.S., as well as a U.S. manufacturing facility and the 鈥渂enefit from the heritage and strong reputation of the Wil-Rich, Wishek and Concord brands,鈥 an announcement from V盲derstad said.
鈥淎AJV has a strong position on the U.S. market combined with a product portfolio that gives us a more complete product offering in North America,鈥 said Mats B氓verud, president & CEO of V盲derstad.
AAJV is jointly owned by AGCO and AMITY since 2011 and today has 110 employees.
Keith Whitaker, CEO of Wil-Rich, characterized the acquisition as 鈥渁 great day for the company, the Wahpeton community and our employees.鈥
He said the 鈥渃ombination of our highly skilled team and V盲derstad鈥檚 solid and extensive experience will enable the company to provide a broad set of agronomic solutions for our farmer customers while achieving our growth objectives with our dealer partners.鈥
V盲derstad Inc. has appointed Jason Strobbe as its new managing director. Strobbe also is the vice president of sales and marketing for North America.
V盲derstad Industries Inc. produces the Seed Hawk precision air drill for the North American market.
Member since 1972 |

