John Deere’s $250 Million Acquisition of Bear Flag Robotics

Latham & Watkins represented John Deere in the transaction.

Deere & Company (NYSE: DE) has signed a definitive agreement to acquire Bear Flag Robotics for US$250 million. The deal accelerates the development and delivery of automation and autonomy on the farm and supports John Deere’s long-term strategy to create smarter machines with advanced technology to support individual customer needs. 

Deere & Company is a world leader in providing advanced products, technology and services for customers whose work is revolutionizing agriculture and construction.

The Bear Flag team consists of agriculture professionals, engineers and technologists focused on autonomy, sensor fusion, vision, data, software and hardware. 

Latham & Watkins LLP represented John Deere in the transaction with a corporate deal team led by Bay Area partners Tad Freese (Picture) and Mark Bekheit and Chicago associates Jake Wasserman and Gabe Pugel. Advice was also provided on benefits and compensation matters by Bay Area partner Jay Metz, with associate James Robinson; on intellectual property matters by Bay Area partner Tony Klein, with associates Amy Dippolito and Erica Chae; on tax matters by Bay Area partner Grace Lee, with associate Derek Gumm; on antitrust matters by Bay Area partner Kelly Fayne, with associate Evan Omi; on data privacy matters by Bay Area counsel Robert Blamires, with associate Samantha Maerz-Boening.

Involved fees earner: Mark Bekheit – Latham & Watkins; Robert Blamires – Latham & Watkins; Erica Chae – Latham & Watkins; Amy Elizabeth Dippolito – Latham & Watkins; Tad Freese – Latham & Watkins; Derek Gumm – Latham & Watkins; Anthony Klein – Latham & Watkins; Grace Lee – Latham & Watkins; Samantha Maerz-Boening – Latham & Watkins; James Metz – Latham & Watkins; Evan Omi – Latham & Watkins; Gabe Pugel – Latham & Watkins; James Robinson – Latham & Watkins; Kelly Smith Fayne – Latham & Watkins; Jake Wasserman – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: John Deere Limited;

Martina Bellini

Author: Martina Bellini