Who owns AGCO, and what does it do in agriculture?
AGCO Corporation is a publicly listed company whose shares trade on the New York Stock Exchange under the ticker AGCO; the documents read do not name a controlling shareholder. It designs, makes and distributes agricultural equipment and precision agriculture technology, and describes itself as the largest pure-play farm equipment manufacturer in the world. Its main brands are Fendt, Massey Ferguson, PTx and Valtra, with Precision Planting, PTx Trimble, Gleaner and Sunflower as supporting brands. It owns 85% of PTx Trimble, a joint venture with Trimble formed on 1 April 2024.
Ownership and business
AGCO Corporation dates its formation to the 1990 management buyout of Deutz-Allis from KHD and, according to its annual report, was incorporated in Delaware in 1991. Its shares trade on the New York Stock Exchange under the ticker AGCO; the company says it moved to the NYSE in 1994 after a 1992 initial public offering. Its corporate and North American headquarters are at 4205 River Green Parkway, Duluth, Georgia. The documents read do not name a controlling shareholder.
AGCO reported 2025 net sales of $10,082.0 million and net income attributable to the company of $726.5 million, with Europe and the Middle East accounting for 67% of net sales, according to its 2025 annual report. It sells through approximately 2,800 independent dealers and distributors in approximately 140 countries, owns 85% of PTx Trimble and sold the majority of its Grain & Protein business on 1 November 2024.
Its facilities list names AGCO Trading (India) Private Ltd in Gurgaon, Haryana. The 2025 annual report says AGCO buys some fully manufactured tractors from Tractors and Farm Equipment Limited (TAFE) and that on 26 April 2024 it gave TAFE notice that it was terminating all commercial relationships with it. In the United Kingdom the facilities list names AGCO and PTx Trimble companies in Kenilworth, Warwickshire, and Sparex companies in Exeter, Devon.
Businesses and brands
Tractors and planters (core brand)
Precision technology (core brand)
Precision technology (supporting brand)
Precision technology (85% owned joint venture)
As published by the company. See sources.
Key people
- EHEric HansotiaChairman, President & Chief Executive Officer
- IAIndira AgarwalSenior Vice President, Chief Financial Officer
- DADamon AudiaPresident, PTx, Corporate Strategy & Distribution
- RBRoger N. BatkinSenior Vice President, Corporate Affairs, General Counsel & Corporate Secretary
- KBKelvin BennettSenior Vice President, Engineering
- SCStefan CaspariSenior Vice President & General Manager, Fendt/Valtra & Product Management
- LFLuis FelliSenior Vice President & General Manager, Massey Ferguson, Parts & Customer Support
- IHIvory HarrisSenior Vice President, Chief Human Resources Officer
- JHJena Holtberg-BengeSenior Vice President, Chief Digital & Information Officer
- TMTim MillwoodSenior Vice President, Chief Supply Chain Officer
As listed on Executive Leadership, AGCO Corporation.
Stock listing
- Status
- Publicly listed
- Exchange
- New York Stock Exchange
- Ticker
- AGCO
We do not republish share prices. See the current quote on the company’s own page.
Where it operates
- Europe & Middle East
- 67% of 2025 net sales
- North America
- 17% of 2025 net sales
- South America
- 11% of 2025 net sales
- Asia Pacific
- 6% of 2025 net sales
As the company reports it. See sources.
Key dates
- 1990
- AGCO is formed in the management buyout of Deutz-Allis from KHD
- 1992
- Initial public offering of half of its stock (16 April)
- 1994
- Buys the worldwide holdings of Massey Ferguson and moves to the New York Stock Exchange
- 1997
- Acquires Fendt GmbH, the German tractor business
- 2004
- Acquires Valtra
- 2017
- Completes the acquisition of the Precision Planting equipment business
- 2024
- Closes the PTx Trimble joint venture with Trimble (1 April) and sells the majority of its Grain & Protein business (1 November)
- 2025
- Launches a $1 billion share repurchase programme
Questions readers ask
Who owns AGCO?
AGCO Corporation is a publicly listed company whose shares trade on the New York Stock Exchange under the ticker AGCO. The documents read do not name a controlling shareholder.
What does AGCO make for farmers?
AGCO designs, makes and distributes agricultural equipment and precision agriculture technology. Its site lists tractors, compact utility tractors, harvesting, hay and forage, crop care, planting and soil preparation, material handling, water management and engines, sold under Fendt, Massey Ferguson, PTx and Valtra, with Precision Planting, PTx Trimble, Gleaner and Sunflower as supporting brands.
Does AGCO operate in India?
AGCO's facilities list names AGCO Trading (India) Private Ltd in Gurgaon, Haryana. Its 2025 annual report says it buys some fully manufactured tractors from Tractors and Farm Equipment Limited (TAFE) and that it gave notice on 26 April 2024 that it was terminating all commercial relationships with TAFE.
Does AGCO operate in the United Kingdom?
Yes. AGCO's facilities list names AGCO Ltd, AGCO International Ltd, AGCO Services Ltd and PTx Trimble companies in Kenilworth, Warwickshire, and Sparex companies in Exeter, Devon. The 2025 annual report names the UK among its key sales countries.
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