- Titan Machinery (TITN, Financial) has completed the acquisition of Farmers Implement & Irrigation.
- The acquisition includes two New Holland dealership locations in South Dakota.
- Farmers Implement & Irrigation generated approximately $20 million in revenue in 2024.
Titan Machinery Inc. (TITN), a prominent network of full-service agricultural and construction equipment stores, has successfully finalized the acquisition of Farmers Implement & Irrigation's dealership assets. The acquisition includes two New Holland dealership locations situated in Brookings and Watertown, South Dakota. The transaction was completed on May 15, 2025.
For the calendar year 2024, Farmers Implement & Irrigation, under the leadership of David Gullickson, generated approximately $20 million in revenue. This acquisition allows Titan Machinery to enhance its New Holland presence in the profitable eastern region of South Dakota, further aligning with the company's strategic growth initiatives.
CEO Bryan Knutson expressed that the acquisition builds upon the solid foundation established by Gullickson during his notable 53-year career. The dedication to customer service and the established loyal customer base are expected to integrate seamlessly with Titan's existing operations and customer care strategy.
Titan Machinery Inc., headquartered in West Fargo, North Dakota, operates an expansive network of agricultural and construction equipment dealerships across North America, Europe, and Australia. The company's portfolio includes brands like Case IH, New Holland Agriculture, and CNH Industrial Capital.
