![]() Hutchinson (3) Hutchison (1) Hydro Engineering (1) I.I, & B, CO (. Lenz, Tennessee Medical Foundation Photography Medical Service Organization, 216 Centerview Dr. Heartland is well diversified with a strong parts & service business that represents approximately 30% of full year 2021 revenues and generated pre-tax margins of 4.2%, presenting a similar profile to that of Titan Machinery's existing business. Ag Systems (1) Ag-Chem (1) Agco (4) Ag-Krane (1) Agri-Fab (1) Agri-Inject (1). Wholesales agricultural machinery manufactures farm fertilizing machinery Poultry and livestock equipment, Agricultural machinery for cleaning and sorting. Ag Systems, Inc, 1180 State Hwy 7 E, Hutchinson, MN. Heartland has exclusive distribution agreements across 17 midwestern and northwestern states, supported by 12 retail stores, six of which are within Titan Machinery's existing Agriculture footprint, as well as Agriculture and related commercial application equipment manufacturing at their Hutchinson, MN headquarters. is a licensed and DOT registred trucking company running freight hauling business from Hutchinson, Minnesota. Heartland Ag Systems traces its roots to 1966 and is the largest Case IH Application Equipment distributorship in North America and one of the leading national distributors for sprayer parts and accessories. In the full year period ended December 31, 2021, Heartland generated revenue of $213.9 million and EBITSA of $15.3 million. ![]() ![]() The Transaction consideration will be comprised predominantly of balance sheet cash. Ability to operate material handling equipment.ġst shift: 6:00am-2:30pm Monday through Friday.Titan Machinery Inc, a network of full-service agricultural and construction equipment stores, announced it has entered into definitive purchase agreements to acquire Heartland Ag Systems, Heartland Solutions and related affiliates ("Heartland"), the largest Case IH Application Equipment distributorship in North America providing application-focused solutions for commercial applicators, for an aggregate $110 million, subject to final working capital and other closing adjustments (the "Transaction").Capable of operating and obtaining certification on bridge cranes, scissor lift, platform, forklift, and ladders. ![]()
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