Prior notification of a concentration (Case M.11382 – AGCO / TRIMBLE / TRIMBLE SOLUTIONS JV)
Date: 2024-02-27
Institutions: Directorate-General for Competition, European Commission
Subjects: agricultural equipment, computer equipment, economic concentration, electronic component, merger control, precision agriculture, service, software, technology








C_202401797EN.000101.fmx.xml












Official Journal of the European Union


EN
Series C













C/2024/1797


27.2.2024






Prior notification of a concentration
(Case M.11382 – AGCO / TRIMBLE / TRIMBLE SOLUTIONS JV)
(Text with EEA relevance)
(C/2024/1797)


1.   
On 19 February 2024, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


AGCO Corporation (‘AGCO’, USA);










—


Trimble Inc. (‘Trimble’, USA);










—


Trimble Solutions LLC (‘the JV’, USA), belonging to Trimble.




AGCO and Trimble will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Trimble Solutions LLC.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






—


AGCO is a global manufacturer and distributor of agricultural equipment and related software solutions,










—


Trimble is a global company active in software, hardware, and technology services. It is active across multiple industries, including agriculture, building, civil and infrastructure construction, geospatial, survey and mapping, natural resources, utilities, transportation, and government.










—


The JV is a newly created joint venture company. Trimble will contribute its precision agriculture business, excluding certain Global Navigation Satellite System and guidance technologies. AGCO will contribute its JCA Technologies business, which currently develops technology platforms for agricultural machines, implement controls, and electronic system components,






3.   

The business activities of the JV will be in the precise agricultural technologies, the development and supply of innovative agricultural precison products and services.



4.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.



5.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.11382 – AGCO / TRIMBLE / TRIMBLE SOLUTIONS JV
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  
            OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).


ELI: http://data.europa.eu/eli/C/2024/1797/oj
ISSN 1977-091X (electronic edition)