AGCO Corporation signs a letter of intent between Fendt, a premium product line of AGCO Corporation, and Agromash Holding, based in Moscow.

AGCO Corporation signs a letter of intent between Fendt, a premium product line of AGCO Corporation, and Agromash Holding, based in Moscow. Its objective is to create a long-term cooperation between both companies for the development, production and sale of tractors, combines and engines. Agromash Holding is a leading privately owned manufacturer and distributor of agricultural equipment in Russia, and the only company in the country that offers a full line of ag equipment.