Titan machinery announces acquisition of idaho dealerships

West fargo, n.d., dec. 19, 2022 (globe newswire) -- titan machinery inc. (nasdaq: titn), a leading network of full-service agricultural and construction equipment stores, today announced that it has entered into a definitive purchase agreement to acquire the idaho dealership assets of pioneer farm equipment co. (“pioneer”). the acquisition includes five full-line case ih agriculture dealerships located in southeastern idaho, two of which are also case construction equipment dealerships. for full calendar year 2021, pioneer generated revenue of approximately $60 million. the acquisition is expected to close in february 2023.
TITN Ratings Summary
TITN Quant Ranking