Precision ag manufacturer Trimble announced today that it has signed an agreement to acquire privately-held Müller-Elektronik, a German company specializing in implement control and precision farming solutions.
The transaction is expected to close in the third quarter of 2017, subject to customary closing conditions and clearance by German regulators.
With more than 375 employees, Müller is known for developing, producing and selling electronic control units (ECUs) and embedded software that provides vehicle and implement control for tractors, combines, field sprayers, planters and fertilizer application equipment.
Müller contributed to the development of the ISOBUS communication protocol, which allows one terminal to control several implements and machines, regardless of manufacturer. Implement control solutions developed by Müller have now become widely adopted by leading agriculture OEMs and aftermarket channels, according to a press release that announced the pending deal.
“Our planned acquisition of Müller-Elektronik recognizes the growing importance of the implement in variable rate application solutions as well as the importance of an integrated platform that is agnostic to equipment brand,” said Darryl Matthews, Trimble senior vice president. “Müller’s ISOBUS solutions are already compatible with a significant range of equipment manufacturers.”
Matthews said that Trimble will to support existing Müller customers and business partners.
The acquisition of Müller-Elektronik will include the company’s other operations, WTK Elektronik, a German-based company, ME-France, ME Sudamerica, an Argentina-based company, and Mueller Electronics Inc., a North American-based company. The Müller-Elektronik businesses will be reported as part of Trimble’s Resources and Utilities Segment.