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home / articles / TITN - Titan Machinery Acquires Agriculture Equipment Dealer O'Connors For $63M | Benzinga


TITN - Titan Machinery Acquires Agriculture Equipment Dealer O'Connors For $63M | Benzinga

Titan Machinery Inc (NASDAQ: TITN) said it has entered into a definitive purchase agreement to acquire J.J. O'Connor & Sons Pty. Ltd. for $63 million in cash.

O'Connors is a Case IH dealership group in Australia. In the unaudited full fiscal year period ended June 30, 2023, O'Connors generated revenue of $258 million and EBITDA of $21.4 million.

The accretive acquisition generated approximately ...

Full story available on Benzinga.com

Stock Information

Company Name: Titan Machinery Inc.
Stock Symbol: TITN
Market: NASDAQ
Website: titanmachinery.com

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