New AGCO Regional HQ in Johannesburg
DULUTH, Ga.--(BUSINESS WIRE)--Nov. 2, 2016--
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and
distributor of agricultural equipment and solutions, has announced a
realignment of its regional structure which will see an increase in its
on-the-ground presence in Africa and a further expansion of the
Company’s significant operations on the Continent.
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Gary Collar, newly-appointed AGCO Senior Vice President and General Manager Asia, Pacific, Africa (APA) (Photo: Business Wire)
Effective 1 January 2017, AGCO will restructure its Asia Pacific region
to include Africa. “With this new move, the realigned Asia Pacific and
Africa (APA) region will be strongly positioned to leverage the
synergies of similar market dynamics in the two territories,” says Gary
Collar, newly-appointed AGCO Senior Vice President and General Manager,
APA. “Among these key synergies are the emergence of a growing
smallholder farmer segment, product and application similarities, shared
consumer finance patterns and growing trade between the two regions.”
Mr Collar has been responsible for all AGCO’s activities in the Asia
Pacific region, which includes China, India, the Far East, Australia and
New Zealand, since January 2012. He brings wide experience and in-depth
knowledge of the African market to his expanded role having previously
held the position as AGCO Senior Vice President and General Manager
Europe/Africa/Middle East for 7 years.
Reporting to Mr Collar, the AGCO Africa team will be led by Nuradin
Osman, who has been promoted to Vice President and General Manager
Africa. To support the realignment and further boost service to
customers and distributors, AGCO is to open a new regional headquarters
in Johannesburg, South Africa in early 2017 and a new Future Farm in
French-speaking West Africa. These initiatives will complement AGCO’s
existing parts distribution operation and training center in South
Africaand Future Farm in Zambia.
Commenting, Nuradin Osman said, “The new regional structure will build
on the significant progress that AGCO has made over recent years and
further drive our customer service and business growth in Africa.”
Mr. Osman has been with AGCO for 12 years and has a solid track record
in growing the Company’s business in Africa. Prior to this new
appointment, he was AGCO Director of Operations Africa and Middle East.
He is a proven thought leader in Africa and instrumental in raising the
profile of key issues such as the significance of mechanization, protein
production and post-harvest storage solutions in strengthening the
African agricultural sector. Mr. Osman will have overall responsibility
for all AGCO companies and brands in Africa with the exception of AGCO’s
manufacturing operation in Algeria which is subject to a separate Joint
Venture.
“Our core farm equipment Brands which include Challenger, Fendt, GSI,
Massey Ferguson and Valtra are playing a critical role providing
sustainable and inclusive mechanization solutions to boost the
development of agricultural productivity on the African continent,” Mr
Osman adds. “Our full line of mechanization, grain storage, seed
processing and protein solutions support the complete spectrum of
farmers from the emerging sector through to large, professional
agribusinesses. As a result of continued investment in product, people,
facilities and capacity-building, AGCO’s net sales have grown
significantly on the continent in the past six years.”
About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and
distribution of agricultural solutions and supports more productive
farming through its full line of equipment and related services. AGCO
products are sold through five core brands, Challenger®, Fendt®, GSI®,
Massey Ferguson® and Valtra®, supported by Fuse® precision technologies
and farm optimization services, and are distributed globally through a
combination of approximately 3,000 independent dealers and distributors
in more than 140 countries. Founded in 1990, AGCO is headquartered
in Duluth, GA, USA. In 2015, AGCO had net sales of $7.5 billion. For
more information, visit http://www.AGCOcorp.com. For
company news, information and events, please follow us on Twitter:
@AGCOCorp. For financial news on Twitter, please follow the hashtag
#AGCOIR.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161102005722/en/
Source: AGCO
AGCO
CONTACT AFRICA:
Louisa Parker, +44
(0)7789746268
Zambia Tel :+260 (0)971398169
Manager
External Affairs - Africa and Middle East
Louisa.parker@agcocorp.com
or
CONTACT
EAME:
Paul Lay, +44 (0)2476 851209
Mobile: +44
(0)7920805993
Manager, Marketing Communications and Public Relations
Paul.Lay@agcocorp.com
or
CONTACT
GLOBAL:
Ulrich Stockheim
Ulrich.Stockheim@agcocorp.com