OCTOBER 3, 2011 - GSI Group has entered into a definitive merger agreement with AGCO (NYSE: AGCO). Committed to global growth and delivering a robust offering of agricultural equipment and systems to customers, the two companies plan to close the transaction by the end of 2011.
This is good news for GSI customers, dealers, suppliers and associates. AGCO is a $6.9 billion agricultural company with strong international distribution and well-known brands. Similar to GSI, AGCO is a technology leader and has a deep commitment to lean manufacturing practices. GSI's rich tradition continues as part of the AGCO family.