By: Christopher Vondracek
Source: Star Tribune (TNS)
Agriculture equipment giant John Deere has acquired St. Paul precision ag company Sentera.
The sale price was not disclosed, but John Deere spokesman Miles Chiotti said the company extended offers to Sentera’s 50 U.S.-based employees as part of the deal.
“John Deere provides us a great outcome,” said Brian Wenngatz, Sentera CEO, in a statement. “They are the industry benchmark for innovation in precision agriculture.” Sentera is an industry-leader in connecting drone technology with a farmer’s operations, allowing a producer to more efficiently apply, say, a herbicide or pesticide in a field.
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Chris Winkler, director of digital software and solutions at John Deere, the iconic, Moline, Ill.-based manufacturer of farm equipment and tractors, said Sentera will help “farmers do more with less.”
In 2021, after raising $25 million, Sentera moved from Richfield to St. Paul’s Midway District. By that year, the company had raised roughly $50 million in investments since 2015.
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