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	<title>vaderstadinc. Archives - North America FarmQuip Magazine</title>
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		<title>Väderstad Acquires North Dakota-Based AGCO-AMITY JV LLC</title>
		<link>https://www.americafem.com/2021/06/02/249791/</link>
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		<dc:creator><![CDATA[Giulia Basili]]></dc:creator>
		<pubDate>Wed, 02 Jun 2021 18:00:28 +0000</pubDate>
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		<category><![CDATA[Dakota]]></category>
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		<category><![CDATA[AGCO-AMITY JV LLC]]></category>
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					<description><![CDATA[<p>Väderstad AB announced the acquisition of 100% of the AGCO-AMITY JV LLC (AAJV). Based out of Wahpeton, North Dakota, AAJV, also known under the name Wil-Rich, will be fully integrated into the Väderstad global group of companies under the company name Vaderstad Inc. Since 2011 AAJV manufactures, designs, and supports the Wil-Rich, Wishek and Concord [&#8230;]</p>
<p>The post <a href="https://www.americafem.com/2021/06/02/249791/">Väderstad Acquires North Dakota-Based AGCO-AMITY JV LLC</a> appeared first on <a href="https://www.americafem.com">North America FarmQuip Magazine</a>.</p>
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										<content:encoded><![CDATA[<div class="intro">
<h3>Väderstad AB announced the acquisition of 100% of the AGCO-AMITY JV LLC (AAJV). Based out of Wahpeton, North Dakota, AAJV, also known under the name Wil-Rich, will be fully integrated into the Väderstad global group of companies under the company name Vaderstad Inc.</h3>
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<p>Since 2011 AAJV manufactures, designs, and supports the Wil-Rich, Wishek and Concord brands of products with <strong>270 dealers globally</strong>, most of them in the United States. Integrating AAJV into the Väderstad Group allows Väderstad to gain access to distribution outlets in the USA, a manufacturing facility in the USA as well as benefit from the heritage and strong reputation of the Wil-Rich, Wishek and Concord brands.</p>
<blockquote><p>&#8220;This acquisition is in line with our long-term ambition to grow on the North American market. AAJV has a strong position on the US market combined with a product portfolio that gives us a more complete product offering in North America,&#8221;</p></blockquote>
<p>says<strong> Mats Båverud</strong>, <strong>President &amp; CEO of Väderstad</strong>.</p>
<p>AAJV is jointly owned by AGCO and AMITY since 2011 and today has <strong>110 employees</strong> and a manufacturing facility of <strong>30 000 m<sup>2</sup></strong>, a parts distribution warehouse, and a research and development facility in Wahpeton, North Dakota.</p>
<blockquote class="td_quote_box td_box_center"><p>&#8220;We see this as an excellent opportunity to increase our footprint in the US. Our vision remains the same; to be the world’s leading partner for an outstanding emergence. With the acquisition of AAJV we’re even more excited about the future,&#8221;</p></blockquote>
<p>says<strong> Mr. Henrik Gilstring</strong>, <strong>VP Business Development</strong> and <strong>co-owner of Väderstad</strong>.</p>
<p>AAJV currently has a strong product line serving a broad range of tillage and seeding needs such as field cultivators, disc harrows, shank drills, disc drills and air carts.</p>
<blockquote class="td_quote_box td_box_center"><p>&#8220;This is a great day for the company, the Wahpeton community and our employees. The combination of our highly skilled team and Väderstad’s solid and extensive experience will enable the company to provide a broad set of agronomic solutions for our farmer customers while achieving our growth objectives with our dealer partners,&#8221;</p></blockquote>
<p>says<strong> the current CEO of AAJV, Keith Whitaker</strong>.</p>
<p>Jason Strobbe is appointed new Managing Director for Vaderstad Inc. Strobbe also holds a position as VP Sales &amp; Marketing North America.</p>
<p>In 2013 Väderstad took full control over Canadian-based company Seed Hawk, after having been part-owners since 2006. The company based out of Langbank, Saskatchewan, is now Vaderstad Industries Inc. and produces the very popular Seed Hawk precision air drill for the North American market.</p>
<p>Source:<a href="https://www.vaderstad.com/en/"> Väderstad</a></p>
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<p>The post <a href="https://www.americafem.com/2021/06/02/249791/">Väderstad Acquires North Dakota-Based AGCO-AMITY JV LLC</a> appeared first on <a href="https://www.americafem.com">North America FarmQuip Magazine</a>.</p>
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