---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-24-000047"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:33:20.327579+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AGCO sells Grain & Protein business to AIP for $700M; expects $450-$475M loss

## Summary
- Purchase price $700M in cash; 8.3x adjusted EBITDA multiple (TTM as of March 31, 2024).
- Expected loss on sale $450M-$475M; business reported as held for sale starting Q2 2024.
- Transaction includes GSI, AP, Cumberland, Cimbria, Tecno brands; excludes China operations.
- Sale expected to close before year-end 2024, subject to regulatory approvals.
- Net proceeds to be used for debt repayment, technology investment, and shareholder returns.

## SEC filing metadata
- accession: 0000880266-24-000047
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026624000047/0000880266-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026624000047/agco-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-24-000047
- JSON: https://secwatch.observer/filing/0000880266-24-000047.json
- Plain text: https://secwatch.observer/filing/0000880266-24-000047.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.