Topcon completes new acquisition

Topcon Positioning Group has announced the acquisition of Digi-Star, a global leader in agricultural solutions in the sector of weight sensors and control systems for feeding livestock, seeding, fertilizer, and harvest equipment manufacturers located in Fort Atkinson, Wisconsin U.S.A. Ray O’Connor, president and CEO of Topcon Positioning Group, said, “After several years of working on development projects together, we are delighted with this acquisition. Digi-Star and Topcon Precision Agriculture are a perfect fit, bringing complementary technologies and distribution channels to our rapidly growing precision agricultural division. At a time when many companies are decreasing their investment in agricultural markets, we are increasingly optimistic about their growth based upon our strong commitment to developing management systems and solutions that bring the power of the Internet... to every farm.” Mac Moore, president and CEO of Digi-Star, commented, “Topcon and Digi-Star have numerous synergies with electronics, sensors, and integration of specific user interfaces for the agriculture and industrial markets that will complement each other’s customers. Both companies will benefit from the expanded product lines and solutions that progressive customers depend upon for maximum profitability.” Albert Zahalka, president of Topcon Precision Agriculture, noted, “On the heels of our recent Wachendorff Elektronik acquisition, the German-based manufacturer of in-cab consoles, this acquisition is another key part of our global strategy to strengthen our ability to serve OEMs and continue the growth of Topcon manufacturing in Europe. It also increases our precision agriculture family to approximately 600 of our more than 2,000 Topcon Positioning Group employees worldwide,” he added.