Deere Purchases Italian Sprayer Manufacturer

MANNHEIM, Germany, June 26, 2017 /PRNewswire/ -- John Deere (NYSE: DE) announced today that it has purchased Mazzotti, a privately-held sprayer manufacturer based in Ravenna, Italy.

"Mazzotti is known for its innovation as well as its unique knowledge, designs, and expertise in the sprayer industry," said John May, President, Agricultural Solutions & Chief Information Officer. "The acquisition of Mazzotti provides John Deere an opportunity to serve more customers in European markets."

Mazzotti, a 30-year-old family-owned business, will maintain its name, trademark, and commercial agreements and will continue serving customers with high quality products and services. As a result of today's announcement, May said, Mazzotti will have the full support and commitment of John Deere to enhance its already successful sprayer business.

Deere & Company (www.JohnDeere.com) is a world leader in providing advanced products and services and is committed to the success of customers whose work is linked to the land - those who cultivate, harvest, transform, enrich and build upon the land to meet the world's dramatically increasing need for food, fuel, shelter and infrastructure. Since 1837, John Deere has delivered innovative products of superior quality built on a tradition of integrity.

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SOURCE Deere & Company