EX-99.1 2 agcoex-991.htm EX-99.1 agcoex-991 NEWS RELEASE www. AGCOcorp.com AGCO Announces Completion of Sale of TAFE Interest DULUTH, Ga. | September 30, 2025 | AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the completion on September 30, 2025, of its sale to Tractors and Farm Equipment Limited ("TAFE") of AGCO’s ownership interest in TAFE for an aggregate amount of $260 million, with after-tax proceeds from the sale totaling approximately $230 million. As part of the sale process, the substantive provisions of several previously disclosed agreements AGCO entered into with TAFE on June 30, 2025, became effective, and the Letter Agreement between AGCO and TAFE dated April 24, 2019, as most recently amended on July 7, 2025, expired. Details of the agreements can be found here, which also were filed with the U.S. Securities and Exchange Commission on July 1, 2025, as exhibits to a Form 8-K filing. ### About AGCO AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value …
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
AGCO Corporation
AGCONYSEEQUITYCurrent
Other Events
Item 8.01. Other Events. On September 30, 2025, AGCO Corporation (“AGCO”) completed the previously disclosed sale to Tractors and Farm Equipment Limited (“TAFE”) of AGCO’s ownership interest in TAFE, pursuant to a Buyback Agreement (the “Buyback Agreement”) entered into on June 30, 2025, for an aggregate amount of $260 million, with after-tax proceeds from the sale totaling approximately $230 million.…
Company context
AGCO (NYSE: AGCO) is a global leader in agricultural machinery and precision agriculture technologies. Driven by a Farmer-First strategy, AGCO delivers value through its differentiated leading brands, Fendt™, Massey Ferguson™, PTx™ and Valtra™. AGCO’s high-performance equipment and smart farming solutions, including brand-agnostic retrofit technologies and autonomous offerings, empower farmers to drive productivity while sustainably feeding the world. For more information, visit www.agcocorp.com.