DULUTH, Ga. — AGCO (NYSE:AGCO) a worldwide manufacturer and distributor of agricultural equipment, announced today that it has terminated the agreement dated Feb. 9, 2017 previously entered into with the two largest shareholders of Kepler Weber S.A., PREVI - Caixa de Previdência dos Funcionários do Banco do Brasil and BB - Banco de Investimento S.A., to acquire their blocks of shares totaling approximately 35% of the outstanding shares. Accordingly, no tender offer will be launched for Kepler Weber S.A. shares.

Kepler Weber is a Brazilian manufacturer of storage, processing and bulk handling of grains with factories in Rio Grande do Sul and Mato Grosso do Sul. Its product line includes metal silos, horizontal and vertical conveyors, dryers and grain cleaning machines.