Posted on Oct 11, 2017
Ag-Pro Companies of Boston, GA acquires 11 John Deere dealerships in Southern Texas from South Texas Implement and Tractor City. As a result of this acquisition, they now have 35 total locations across Georgia, Florida, South Carolina and now Texas.
Boston, GA. Ag-Pro Companies announced the acquisition of eleven John Deere dealerships in southern Texas. With the purchase of these dealerships from South Texas Implement and Tractor City, 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, Chief Operating Officer, 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".”
Click here to read the entire press release as it becomes available.
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