American Industrial Partners to acquire AGCO Corporation’s Grain & Protein division with M&A and regulatory support from Wolf Theiss

Vienna, Prague, Budapest, 7 August 2024 – Wolf Theiss advises American Industrial Partners (AIP), a global industrials investor, on all Austrian, Czech and Hungarian legal and regulatory aspects in relation to its definitive agreement with AGCO Corporation (NYSE: AGCO) for the USD 700 million acquisition of AGCO’s Grain & Protein business, a large precision agriculture technology and machinery company.

The division produces grain storage and seed processing equipment and generates an annual revenue of approximately USD 1 billion with 3,200 employees and 14 facilities across North America, Brazil, Europe and Malaysia. Through this carve-out acquisition, AIP plans to realise synergies across brands and maximise quality, yields and value of agricultural products while improving global food security.

Working alongside Sidley Austin and Baker Botts, the international and multidisciplinary team of Wolf Theiss is led by Partner Horst Ebhardt (Corporate/M&A) and further includes Associate Klemens Kendler (Corporate/M&A), Senior Associate Anna Schwamberger (Employment), Senior Associate Sandra Seldte (Real Estate), Associate Sarah Haubmann (Employment), Associate Jonathan Gruber (Corporate/M&A) from Austria; Partner Robert Wagner, Partner Anca Ioana Jurcovan, Associate Claudia Andreescu and Senior Associates Martin Gassler and Vanessa Horaceck (all Antitrust/FDI-Austria and Romania); Counsel Tereza Naučová, Senior Associate Michal Matouš (both Corporate/M&A), Counsel Ondřej Beneš (Employment), Associate Anna Bilanová (Disputes), Senior Associate Barbora Malimánková (Corporate/M&A) from the Czech Republic and Partner János Tóth /Corporate/M&A), Counsel  Barnabás Buzási (Employment), Senior Associate Zoltán Bodog, Senior Associate Péter Ihász, Senior Associate Miriam Fuchs and Associate Tímea Csajági (all Corporate/M&A) from Hungary.