26.06.2006
AGCO Corporation, a worldwide manufacturer and distributor of agricultural equipment, today announced the creation of a new joint venture company in Russia, AGCO SM Group, which is comprised of a partnership between AGCO Corporation and the SM Group. AGCO SM Group will be responsible for the distribution of Fendt and Valtra branded equipment throughout Russia and Kazakhstan. AGCO will have a 51 percent ownership in the joint venture.