MOLINE, Ill., Dec. 23, 2013 /CNW/ - Deere & Company (NYSE: DE) has completed
its sale of a majority interest in its landscapes business to the private
equity investment firm of Clayton, Dubilier & Rice, LLC. In October, Deere had
announced it would initially retain a 40 percent equity interest in John Deere
Landscapes and sell the remainder to CDR. John Deere Landscapes has more than
2,000 employees at approximately 400 locations in 41 states.
SOURCE Deere & Company
Ken Golden, Director, Global Public Relations, Deere & Company, 309-765-5678
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CO: Deere & Company
-0- Dec/23/2013 18:53 GMT
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