Merger

Darrell Pankratz, left, PrairieLand Partners, Inc. CEO, is pictured with Kyle Adams, Concordia Tractor, Inc. general manager. The two companies plan to merge early next year.

When customers visit Concordia Tractor shortly after New Year’s Day only the sign out front will have changed.

PrairieLand Partners (PLP) and Concordia Tractor (CTI) announced a planned merger of their business operations.

“For Abilene, not a lot will change,” said CTI general manager Kyle Adams. “It’s good for the future. On a day-to-day basis, the people and our managers and all the faces that people know, all that will be the same.”

PrairieLand is organized very similar to CTI, he said.

“That’s a good fit,” he said.

The new company, which will operate as PrairieLand Partners, LLC, will have 13 John Deere dealership locations throughout North-Central, Central, and South-Central Kansas. It will employ over 375 people and have John Deere market responsibilities in 37 counties. The merger expects to close early January 2019.

“The new company combines two successful, customer focused businesses into one that will have the scale and resources to best serve our customers well into the future,” Adams said.

“We believe this merger further solidifies our commitment to the agriculture industry and our local communities. The new organization will enable us to continue to deliver the high level of service and solutions our customers expect in all of our market areas,” added Harley Adams, CTI CEO.

“It will be a good thing for us and our customers over the long haul,” Kyle Adams added.

PrairieLand has a corporate office in Hutchinson.

With CTI dealerships in Concordia, Clay Center, Wamego and Abilene, and PrairieLand dealers in McPherson, Marion, Emporia, Anthony, Wichita, Winfield, Andale, Kingman and Hutchinson, John Deere has Kansas covered from the Nebraska border to Oklahoma from Kansas Highway 81 and Interstate 135.

“The merger aligns with John Deere’s strategy of dealership scale needed to meet the specialized and individual needs of our customers now and into the future,” said Darrell Pankratz, PrairieLand Partners CEO. “The core values of our two organizations align perfectly, as well as our mission of Delivering the Right Solution for our customers, employees, shareholders, and key suppliers.”

The merger, expected to be final shortly after the first of the year, is pending John Deere approval but Adams said the plans have the approval of the implement manufacturing company.

“They are definitely in favor of it and support what we are putting together,” Adams said.

PLP formed in 2008 when three successful John Deere dealerships in Central and Southern Kansas came together to prepare for future business challenges and opportunities. PLP has become the largest John Deere organization in South-Central Kansas with nine locations and is committed to providing growth, success, and stability to employees and customers alike.

CTI celebrated 50 years of business in 2017. What started as a single location dealership in 1967 grew into four locations with John Deere market responsibility in 13 counties throughout North-Central Kansas. CTI’s objective is to enhance and improve customers’ business operations and raise their level of success.

Contact Tim Horan at editor@abilene-rc.com.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.