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Articles Tagged with ''mergers and acquisitions''

Special Report: After the Ink Dries

Every Acquisition is a ‘Big’ Deal

Dealers may want to downplay the significance of buying another dealership, but each acquisition is meaningful for the customers and employees who are involved.
By Dave Kanicki posted on June 11, 2016 | Posted in Best Practices, Dealer Succession
As a farm equipment dealer, Zach Hetterick has had no direct involvement with acquiring another dealer. But from his unique perspective while he was a service manager, product manager and territory sales manager for Case IH, he has plenty of experience observing how acquisitions were handled.
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Brian Taschuk
Special Report: After the Ink Dries

Cultural Integration: Embrace Change From the Get Go

Agriterra Equipment is an ever-growing dealership group that stresses open communication in the days following an acquisition.
By Kim Schmidt posted on June 11, 2016 | Posted in Best Practices, Dealer Succession
Agriterra Equipment, an 8-store AGCO dealer in Alberta, was born out of an acquisition in 2013. Brian Taschuk started the dealership by acquiring Selmac Equipment, which was a 3-store operation. Since that initial acquisition, Taschuk has acquired another dealership every 6 months. Today, the dealership has grown to 8 stores. “We’re on a constant integration journey every month,” he says.
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Monsanto Views Bayer’s Current Proposal as Incomplete, Financially Inadequate

Company open to discussing potential path forward that would create appropriate value for Monsanto shareowners.
May 24, 2016 | Posted in Manufacturer News
Monsanto Co. today announced that its Board of Directors unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved.
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Kanicki
From the Desk of Dave Kanicki

Is Consolidation Good for Everybody?

By Dave Kanicki posted on February 8, 2016 | Posted in Best Practices
Over the years, more than a few dealers have told me the best deals they ever made were often the deals they didn’t make. At least a few industry pundits believe this is the case for Monsanto in its failed bid to acquire Syngenta.
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