Massey Ferguson, international brand AGCO (NYSE: AGCO), has appointed Sigma CVM Romania www.saracakis.ro - member of Saracakis Group of Companies - sole distributor for its complete range of agricultural equipment throughout Romania, thus continuing the successful collaboration of both groups that started in the southeast, east and northeast of Romania, on August 9, 2021.

This new franchise is part of Massey Ferguson's strategy to improve the end-user experience and strengthen the power and quality of the global distribution network, with the aim of boosting both customer satisfaction and market share. In turn, this move will allow users, distributors and the company to be more profitable.

Saracakis Group of Companies www.saracakis.gr is a component of the Greek business landscape for over a century and has the status of exclusive distributor for a wide range of international brands in the automotive industry.

Founded in 1922 and still run by the founding family, Saracakis Group of Companies is an active organization dedicated to serving and supporting customers: individuals, private and state-owned companies. The structure of the group includes several companies, each entity being protected and promoted. Saracakis Group of Companies currently operates in countries such as Greece, Romania, Bulgaria and Cyprus.

Turning its visions into reality and prioritizing improving the daily lives of its customers, Saracakis Group of Companies is dedicated to providing innovative products and providing revolutionary services, highlighting the communities it serves. The group is committed to creating solutions based on personalized experience, while remaining fully dedicated to operating in a sustainable way.

Key figures for 2021

Turnover: EUR 160 million, employees: 340, retail trade: 350 locations (own and leased), represented international brands: 20 (including Massey Ferguson, Volvo, Honda, Mitsubishi, Komatsu and others).

Frederic Moreau - Brand Business Manager, Massey Ferguson Distributor Markets for Central and Western Europe. He believes that Saracakis Group of Companies has built a solid reputation in its territories, building on the quality of its services, reliable partnerships and comprehensive customer support for Massey Ferguson. "This latest move in Romania is part of MF's 5-year 'Growing Together' strategic plan to provide MF customers with outstanding distribution services. This move will boost the momentum of Massey Ferguson's operations in Romania and we look forward to working with the Saracakis team. ”

Sigma CVM Romania is responsible for sales and after-sales for the entire Massey Ferguson product line, tractors, combines, balers, hay and forage tools and material handling equipment, throughout Romania. The Massey Ferguson operation in Romania is led by Mr. Artemios Kotsiras, who has been with the Sarcakis Group of Companies since 2011. In his most recent statement since this enlargement, he mentions:

"We are delighted that after such a short period of time since we started the operation in the south-east, east and north-east of Romania, we have been appointed sole distributor for the prestigious Massey Ferguson brand, throughout Romania," said Mr. Artemios Kotsiras. - General Manager, Sigma Romania

"I am especially pleased that this expansion of the business coincides with the 100th anniversary of the Saracakis Group of Companies and very soon we will be represented in two new cities in Romania, Cluj and Timisoara. Our goal is to use the reliability of MF products to cover the widest possible area of ​​farmers' needs and to offer them quality services, promptness, solid technical support and specialized consulting, but also to be market leaders. I look forward to the opportunities that will arise for all parties involved, "said Artemios.

The main goal is to offer farmers simple and reliable products at the best value for money. The products must meet the demanding requirements of customers in order to achieve outstanding performance indices, good return on investment and strong resale values.

Massey Ferguson also announced a set of customer support services designed to facilitate the purchase and maintenance of MF farm equipment. Known as 'MF Services,' this package of services includes extensive financing and guarantees, along with service, precision farming technologies and original MF parts.