Titan Machinery acquires Scott Supply Co. in South Dakota
Deal closed Jan. 10
Agriculture and construction equipment dealer Titan Machinery has acquired Scott Supply Co., a dealership based in Mitchell, S.D. The transaction was completed on Jan. 10.
Scott Supply, a single-store dealership selling Case IH and New Holland Agriculture equipment, has been in business since 1915. In the trailing 12-month period ending Dec. 31, 2023, it reported revenues of around $40 million, according to a Titan release.
The acquisition enhances Titan’s presence in eastern South Dakota, David Meyer, chairman and chief executive, said.
Founded in 1980 and based in West Fargo, N.D., Titan Machinery operates a network of full-service agricultural and construction equipment dealerships.
Titan Machinery represents various CNH Industrial brands — including Case IH, New Holland Agriculture, Case Construction, New Holland Construction and CNH Industrial Capital — and has stores in 13 states.
This article was written using ChatGPT. Equipment Finance News uses published and nonpublished material, including press releases and transcripts of live interviews, to generate AI-produced content. All AI-produced content is reviewed by EFN editors.
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