CNH Industrial completed its acquisition of Raven Industries, a Sioux Falls, SD-based precision agriculture technology company.

“Raven is a true pioneer in the precision agriculture space, and their technology is a perfect strategic fit that will differentiate us from our peers and significantly improve our competitive position,” Scott Wine, CEO of CNH Industrial, said. “This acquisition will add strong innovation capabilities to accelerate our precision and digital strategy. I would like to commend both the Raven and CNH Industrial teams who are collaborating closely on a seamless transition to make this truly transformative deal progress smoothly.”

CNH Industrial’s first in-house products featuring fully integrated precision agriculture systems from Raven Industries will become available in 2022.