Titan Machinery Inc. announced today that it has closed on its previously announced acquisition of Van Der Werff Implement Inc., consisting of one Case IH and New Holland agriculture equipment dealership located in Platte, S.D.
Van Der Werff Implement is located in a diverse crop and livestock agriculture region of South Dakota and is well situated to serve the farmers and ranchers in this area. The dealership will benefit from synergies with Titan Machinery's existing South Dakota dealerships in Sioux Falls, Huron, Miller, Highmore and Pierre. In its most recently reported fiscal year, Van Der Werff Implement generated revenue of approximately $9 million.
Post a comment
Report Abusive Comment