TAFE Buys Back AGCO Stake for $260 Million, Ends 15-Month Dispute
- TAFE will buy back AGCO Corporation's 20.7% stake for $260 million, making TAFE a wholly-owned subsidiary of the Amalgamations Group.
- TAFE will own the Massey Ferguson brand exclusively in India, Nepal, and Bhutan, including all related trademarks and goodwill.
- TAFE will continue to support AGCO by voting for all recommendations from AGCO's Board of Directors while retaining a 16.3% share in AGCO.
- Mallika Srinivasan stated TAFE is committed to transforming Indian agriculture and cherishing its long partnership with AGCO.
13 Articles
13 Articles
Tafe settles with AGCO, will own brand Massey Ferguson
As part of the settlement, ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in “Massey Ferguson” and related trademarks and all goodwill associated therewith, TAFE said.


TAFE and AGCO Reach Comprehensive Settlement Covering Brand Rights, Commercials and Shareholding
BusinessWire India Chennai (Tamil Nadu) [India], July 1: TAFE, one of the world’s largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached with AGCO on all matters relating to brand, commercial issues and shareholding. Show Full Article The settlement encompasses the following key features: * Ownership […]
TAFE settles feud with American company AGCO over Massey Ferguson brand
Tractors and Farm Equipment Ltd (TAFE) on Tuesday announced a comprehensive out-of-court settlement with US-based AGCO Corporation on all matters relating to the Massey Ferguson brand, commercial issues and shareholding, ending their corporate feud.
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