AGCO Corp Files 8-K: Material Agreement, Financials

Ticker: AGCO · Form: 8-K · Filed: 2024-07-25T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, filing, financials

TL;DR

AGCO signed a big deal, filed financials. Watch this space.

AI Summary

On July 25, 2024, AGCO Corporation entered into a Material Definitive Agreement. The filing also includes Regulation FD Disclosures and Financial Statements and Exhibits. AGCO Corporation is incorporated in Delaware and its principal executive offices are located in Duluth, Georgia.

Why It Matters

This 8-K filing indicates AGCO Corporation has entered into a significant agreement, which could impact its business operations and financial performance.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.

Key Numbers

Key Players & Entities

FAQ

What type of Material Definitive Agreement did AGCO Corporation enter into?

The filing states AGCO Corporation entered into a Material Definitive Agreement, but the specific details of the agreement are not provided in this summary.

What is the significance of the Regulation FD Disclosure?

A Regulation FD Disclosure ensures that material information is broadly disseminated to the public, preventing selective disclosure.

When was the report filed?

The report was filed on July 25, 2024.

Where are AGCO Corporation's principal executive offices located?

AGCO Corporation's principal executive offices are located at 4205 River Green Parkway, Duluth, Georgia 30096.

What is AGCO Corporation's Standard Industrial Classification code?

AGCO Corporation's Standard Industrial Classification code is 3523, which corresponds to FARM MACHINERY & EQUIPMENT.

From the Filing

0000880266-24-000047.txt : 20240725 0000880266-24-000047.hdr.sgml : 20240725 20240725171538 ACCESSION NUMBER: 0000880266-24-000047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 143 CONFORMED PERIOD OF REPORT: 20240725 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240725 DATE AS OF CHANGE: 20240725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AGCO CORP /DE CENTRAL INDEX KEY: 0000880266 STANDARD INDUSTRIAL CLASSIFICATION: FARM MACHINERY & EQUIPMENT [3523] ORGANIZATION NAME: 06 Technology IRS NUMBER: 581960019 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12930 FILM NUMBER: 241142866 BUSINESS ADDRESS: STREET 1: 4205 RIVER GREEN PKWAY CITY: DULUTH STATE: GA ZIP: 30096 BUSINESS PHONE: 7708139200 MAIL ADDRESS: STREET 1: 4205 RIVER GREEN PARKWAY CITY: DULUTH STATE: GA ZIP: 30096 8-K 1 agco-20240725.htm 8-K agco-20240725 0000880266 false AGCO CORP /DE 0000880266 2024-07-25 2024-07-25 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 July 25, 2024 Date of Report (Date of earliest event reported) AGCO CORPORATION (Exact name of Registrant as specified in its charter) Delaware 001-12930 58-1960019 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 4205 River Green Parkway Duluth , Georgia 30096 (Address of principal executive offices, including Zip Code) 770 813-9200 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act Title of Class Trading Symbol Name of exchange on which registered Common stock AGCO New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01.    Entry into a Material Definitive Agreement. On July 25, 2024, AGCO Corporation (“ AGCO ”) and its wholly-owned subsidiary Massey Ferguson Corp. (collectively, the “ Seller Parties ”) entered into a Stock and Asset Purchase Agreement (the “ Agreement ”) with A-AG Holdco Limited (“ Purchaser ”). Purchaser is a newly formed entity and an affiliate of American Industrial Partners (“ AIP ”). Pursuant to the Agreement, on the terms and subject to the conditions therein, the Seller Parties have agreed to sell, and Purchaser has agreed to acquire, AGCO’s Grain & Protein business, which includes the GSI®, Automated Production® (AP), Cumberland®, Cimbria® and Tecno® brands (the “ Business ”) for a purchase price of U.S. $700,000,000 (the “ Purchase Price ”), subject to customary working capital and other adjustments. The

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