AGCO and Deutz sign partnership
By Ian Cameron13 July 2021
Pair will explore closer cooperation on engines or engine installation components below 150 hp
AGCO and Deutz have agreed a new, long-term strategic partnership for updated 6.1 L and 4.1 L engines to be used in selected Fendt tractors.
It also entails development co-operation on future technologies. In addition, AGCO and Deutz will explore closer cooperation on engines or engine installation components below 150 hp.
Eric Hansotia, Chairman, President and CEO of AGCO: “The Corona pandemic and its related impact on world commodity flows and global supply chains has reinforced the importance of strong, cooperative relationships with suppliers. Deutz has been a trusted partner for years and we look forward to continuing to strengthen our relationship.”
Frank Hiller, CEO of Deutz, said: “We are delighted about the trust that AGCO has placed in us. AGCO has been one of our best customers for decades. We are extremely pleased that we are now contractually securing a common future in the long term.”