The deal expands Deere’s position in the Brazilian sugarcane market and also strengthens its commitment to support its customers
John Deere (Deere) has completed the previously announced acquisition of Unimil, a Brazil-based aftermarket service parts supplier for sugarcane harvesters, for an undisclosed amount.
Deere stated that the acquisition, which was announced in October 2019, extends its presence in the Brazilian sugarcane business and its commitment to support customers in reducing their production costs of the crop.
Established in 1999, Unimil is headquartered in Piracicaba, Sao Paulo and is now a well-recognised provider of sugarcane harvester parts and cost-effective solutions for customers.
The company has a workforce of nearly 430 people. With the deal now complete, Unimil will retain its own name and trademark.
Deere to continue with the direct-to-customer business model of Unimil
Last year, Deere announced its plans to continue the current direct-to-customer business model of selling Unimil products, while offering its dealers an opportunity to provide additional services to its customers.
Deere worldwide agriculture and turf division in the Americas president Cory Reed said: “Unimil will help John Deere deliver a bold evolution of our business, reshaping our operating model and revolutionizing our production systems in agriculture.
“Maximising customer value is the driving factor, and Unimil provides a unique opportunity to help our customers become more profitable and sustainable across the full lifecycle of our products. Unimil has earned the confidence of customers in the sugarcane parts business by providing excellent products and service.”
With Deere’s expansion in Brazil through the acquisition, the company will offer a portfolio of parts and cost-effective solutions to its customers.