AGCO Parts Warehouse, Johannesburg, South Africa (Photo: Business Wire)
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...
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. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161102005722/en/
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 Africa and Future Farm in Zambia.