John Deere Brasil Ltda. acquired 40% stake in Deere-Hitachi Máquinas de Construção do Brasil S.A. from Hitachi Construction Machinery Co., Ltd. (TSE:6305) on March 22, 2022. Sanjiv K. Kapur of Jones Day acted as legal advisor to John Deere Brasil. Henrique Tetsuaki Matsura Misawa, Rodrigo Dufloth, and Vinícius Gonçalves da Silva Napoli of Carvalho, Machado e Timm Advogados acted as legal advisor to John Deere Brasil Ltda. Kaoruhiko Suzuki, and Sachiko Taniguchi of Paul Hastings LLP acted as legal advisor to Hitachi Construction Machinery Co., Ltd.

John Deere Brasil Ltda. completed the acquisition of 40% stake in Deere-Hitachi Máquinas de Construção do Brasil S.A. from Hitachi Construction Machinery Co., Ltd. (TSE:6305) on March 22, 2022.