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AGCO buys forage group Lely

from Grainews

In a press release, AGCO announced that it has reached an agreement in principle to acquire the forage division of Lely Group. Lely's forage division manufactures balers and loader wagons in Europe, primarily for that market. The deal is expected to close by the fourth quarter of 2017. However, it's still subject to regulatory approval. more

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