BOSTON, Ga. — Ag-Pro Companies announced the acquisition of 11 John Deere dealerships in southern Texas to become one of the largest John Deere dealers in the U.S. With the purchase of South Texas Implement and Tractor City dealerships, Ag-Pro has made a significant geographic expansion that will allow the company to serve a wider base of customers across all market segments, from the consumer to the large corporate farms. The combined company will have more than $650 million in annualized sales and employ more than 700 people. Terms of the acquisition were not disclosed.
The expansion will provide Ag-Pro customers with an even deeper commitment to providing the best products and services and leverage greater buying power to deliver value to small business and enterprise farmers throughout the South. Ag-Pro Companies serves a wide array of customers across four states. Kirt Morris, division president of Ag-Pro’s Texas Division commented that he plans to “concentrate on enhanced customer support and focus on the diverse customer base across South Texas.” From large-scale farmers, property owners and commercial lawn care companies to residential consumers and outdoor enthusiasts, Ag-Pro delivers solutions tailored to the individual needs of all of its customers.
"Since 1958, Ag-Pro has grown by focusing on delivering superior service to all customer segments. With this acquisition, we will continue to implement our service based business model while leveraging our buying power to offer more competitive prices to all customers,” says James Groover, CEO of Ag-Pro Companies. “We are looking forward to serving the customers in Texas where we will have one of the largest and most diverse areas of responsibility in the country. This acquisition will rebalance our product mix to approximately 50% large ag and 50% small ag and turf which will provide a healthy product mix for Ag-Pro as we continue to grow and expand our footprint.”
Matthew Carlton, COO, commented, “We are pleased to have a presence in Texas and we look forward to showing that our commitment to our customers is our top priority. Our business is built on enabling our employees to make decisions locally to best serve their communities. We look forward to putting our 'Strong on Service' motto into action to serve the customers of the 'Lone Star State'.”
About South Texas Implement and Tractor City
South Texas Implement /Tractor City is a John Deere dealer organization with 11 locations throughout southern Texas with approximately 220 employees. The company provides a wide range of John Deere agricultural equipment including John Deere tractors, planting and seeding equipment, harvesting equipment, turf equipment and Gator utility vehicles. The company was founded in 1978 as South Texas Implement in Alice, Texas, and adopted the name Tractor City at some of its locations as it made acquisitions across South Texas.
About Ag-Pro Companies
Ag-Pro is based out of Boston, Ga., and started with a single John Deere dealership location in 1958, originally named Boston Tractor Co. After 3 single location acquisitions, the Boston Tractor group purchased 7 locations in Arkansas previously known as Agricultural Productivity Companies in 2010. Shortly after the Arkansas acquisition, the entire organization was branded as “Ag-Pro.” Ag-Pro’s acquisition of GreenSouth Equipment in 2013, Fayette Tractor, Lawn Equipment Solutions and Mid Georgia Tractor in 2014, and South Texas Implement Co. in 2015 expanded their presence to 35 locations across Georgia, Florida, South Carolina and Texas that can better serve its customers, deliver stronger buying power and a larger selection with lower prices. The acquisition of the South Texas Implement Co./Tractor City dealerships will make Ag-Pro one of the largest John Deere dealer organizations in the world.
Source:Ag Pro Companies