Titan set to acquire O’Connors

US based agriculture and construction equipment dealer, Titan Machinery, and local Case IH dealership network, O’Connors, have entered into an agreement that will see Titan take over O’Connors by the end of the year.

Subject to customary closing conditions, it is expected that Titan will close on the acquisition of O’Connors, which has 16 dealerships across NSW, Victoria and South Australia, during the fourth quarter of calendar year 2023.

O’Connors Chief Executive Officer, Gareth Webb, said the announcement reinforces the company’s commitment to providing the best sales and support for customers across the network.

“Joining the Titan Group will further enhance the customer benefits that come with an expansive network, particularly in the areas of parts availability and technical support as well as product expertise and availability. Our customers and staff will have access to knowledge and support from the world’s largest Case IH dealer, bolstering the support already offered,” he said.

Webb said the current O’Connors management team and employees will remain the same and it will be business as usual in the day-to-day operations.

“Our customers remain our number one priority. We will continue to provide the high-quality sales and service support you’ve come to expect from your local O’Connors dealer,” he said.

The family-owned business began in Birchip in north-west Victoria in 1964 when JJ O’Connor purchased his first International Harvester dealership, expanding significantly to now include branches in Ballarat, Birchip, Bordertown, Condobolin, Corowa, Echuca, Forbes, Grenfell, Horsham, Mildura, Ouyen, Shepparton, Swan Hill, Warracknabeal, St Arnaud, and West Wyalong.

Titan Machinery Inc Chairman and Chief Executive Officer, David Meyer, said the performance of O’Connors’ senior management team and great track record of retailing and supporting the high horsepower Case IH product line make the acquisition a very compelling one.

“O’Connors has established itself as a respected leader in the region, earning a reputation for its deep expertise and employee and customer-centric focus,” he said.

General Manager of Case IH Australia/New Zealand, Aaron Bett, welcomed the announcement and congratulated the O’Connors Executive team on securing such a significant partnership.

“O’Connors has a rich history in Australian agriculture and has built a significant business with an emphasis on the highest level of customer service and support. I’d like to recognise Mark and Dennis O’Connor who have continued to grow the dealer group into a robust and dynamic network that has attracted Titan Machinery to recognise the enormous opportunities in the Australian agriculture market,” he said.

“Titan Machinery Inc, founded in 1980 and headquartered in West Fargo, North Dakota, owns and operates a network of full service agricultural and construction equipment dealer locations in North America and Europe and will bring its more than four decades of experience and knowledge.

“This agreement can only enhance the stability and ongoing development of the business, which is an enormous positive for the whole of the Case IH dealer network, and we look forward to working with the Titan Machinery team.”