Monday, December 9, 2024

American Industrial Partners completes acquisition of AGCO Grain & Protein business

PT Editor — David Strickland

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NEW YORK — American Industrial Partners announces the completion of its acquisition of AGCO Corp.'s Grain & Protein division, which produces grain storage and seed processing solutions as well as feeding, watering, climate management and control systems for worldwide protein production, principally poultry, swine, and egg.

In conjunction with the close of the transaction, it was announced that the new standalone, privately held business will now operate under the name Grain & Protein Technologies, with Jacob Thomas serving as CEO.

Thomas joins Grain & Protein Technologies from The Carlstar Group, a supplier of specialty tires and wheels, where he served. . .

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