AgJunction Inc., a leader in automated steering and machine control technology for precision agriculture, has engaged Liolios Group to lead an expanded strategic investor relations and financial communications program.
“Over the past three quarters, we have made significant strides toward our vision of becoming the world’s largest OEM and VAR supplier for automated steering and machine control technology in the precision ag industry,” said Dave Vaughn, CEO of AgJunction. “Our Novariant acquisition advanced AgJunction to a preeminent position in our industry, combining strong product portfolios and industry-leading intellectual property.
“The integration is progressing as expected and we are well underway in our plan to improve operating efficiencies and reduce costs across our platform. Supporting this progress, we have added exceptional leadership to our existing executive resources that we believe is the right team to drive future success.
“Given our progress and the opportunity ahead, we are hiring a new firm to share our story with a larger audience in the global capital markets, especially within the U.S. Liolios brings a proven track record of assisting dynamic companies like AgJunction to enhance shareholder value by delivering the right message to the right audience with persistency and focus.”
Liolios will work closely with management to develop and execute a comprehensive capital market strategy, which will include messaging and corporate positioning, strategic advisory and introductions to new investors and key influencers across the global financial community.
Scott Liolios, president, commented: “AgJunction is a unique company at the forefront of precision agriculture — an industry benefiting from continued population growth, limited arable land and a relatively low penetration of technologies to make farming more productive. We look forward to deploying a capital markets navigation strategy as they look to execute in this dynamic market.”