Secret Site Map
Saturday, July 26, 2014

Home News Deere to Sell Majority Stake in Landscapes Business

Deere to Sell Majority Stake in Landscapes Business

News Coverage

John Deere is selling a majority share of its landscape distribution business to private equity investment firm Clayton, Dubilier & Rice for about $300 million, according to reports.

| October 31, 2013

John Deere is selling a majority share of its landscape distribution business to private equity investment firm Clayton, Dubilier & Rice for about $300 million, according to reports.

The transaction will allow Deere to keep a 40% equity interest in the new company while focusing on turf, forestry and other industries, according to James Field, president of Deere's Worldwide Agriculture & Turf Division. Meanwhile, "Deere's ongoing equity ownership reflects its interest in remaining part of a successful landscapes distribution business," said David Werning, who will remain as John Deere Landscapes president after the deal. 

Top news

CRU Names Fugler Director of Risk Management

Allen Fugler is joining Capital Risk Underwriters, where he will work with CRU’s insured pest management professionals on regulatory compliance, employee training, file documentation and risk mitigation.

EPA Introduces New Graphic to Help Consumers Make Informed Choices about Insect Repellents

The new graphic that will be available to appear on insect repellent product labels.

Arrow Exterminators Acquires Alchemy Pest Control

Alchemy is based in Raleigh, N.C., and serves the greater Raleigh-Durham area and surrounding communities.

Cook’s Open House Showcases State-of-the-Art Training Facilities

Residential and commercial training centers provide hands-on educational opportunities in a “real-world” setting for technicians and sales personnel.

Canada's Bed Bug Problem Worsening, Experts Say

Bed bugs are multiplying in record numbers in cities and smaller communities across Canada, CTN News reports.