PTx Trimble opens up new possibilities for precision farming
AGCO and Trimble form new joint venture
Last April, AGCO acquired Trimble’s precision farming business, with Trimble remaining a minority owner in the new company. PTx Trimble offers versatile precision farming solutions for both factory installations and retrofitting, also for non-AGCO machines. Precision farming equipment helps farmers improve their productivity and meet the targets of environmental requirements. The new company’s product and service selection is very broad, ranging from precision farming equipment for tractors to water management systems for fields.
PTx Trimble
- Joint venture of AGCO and Trimble
- Ownership: AGCO 85%, Trimble 15%
- Combines AGCO’s former precision farming functions and Trimble’s agriculture functions
- Offers global precision farming solutions to farmers, also for non-AGCO tractors, harvesters and implements
- AGCO’s precision farming business expected to generate revenues of USD 2 billion by 2028
Text: Tommi Pitenius.
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