Deere Announces Deal To Buy German Equipment Maker

(Moline, IL)  —  The largest deal in John Deere history will bring a German road construction equipment maker into the Big Green family.  Deere executives yesterday announced a nearly five-billion-dollar deal to purchase the Wirtgen Group.  Wirtgen makes road construction and mining equipment.  Deere CEO Samuel Allen says adding the Wirtgen Group will allow Deere to expand its global share of the heavy equipment marketplace.