Nearly 30% of farm equipment dealership locations are owned by “big dealers.” That’s according to Ag Equipment Intelligence’s Big Dealer Report, which was released last week.
The 2016 Big Dealer Report is a joint project of Ag Equipment Intelligence and Machinery Advisory Consortium. This report aims to track ownership changes and consolidation trends of North American farm equipment dealers. For the purposes of this report, “Big Dealers” are considered those organizations that own and operate 5 or more farm equipment store locations throughout North America. The report was initiated in 2009 and is updated annually in April.
Since Ag Equipment Intelligence began formally tracking dealer consolidation 8 years ago, the number of big dealers has increased by 26.5%. As of the start of 2016, there 192 dealership groups had at least 5 stores focused on selling ag equipment, compared to 151 back in 2009.
The Big Dealer report is available to Ag Equipment Intelligence subscribers, and is also available for purchase here.