NEWS RELEASE February 19, 2026

John Deere Completes Acquisition of Tenna

MOLINE, Ill. (February 19, 2026) — Deere & Company (NYSE: DE) has completed its acquisition of Tenna, a construction technology company based in New Hope, Pennsylvania.

John Deere announced the intent to acquire the company on December 22, 2025 and the agreement was concluded on February 18, 2026.

Tenna will continue to operate as an independent business marketed directly to construction customers under the Tenna tradename and will focus on scaling and growing the business through its proven mixed-fleet customer-focused business model.

ABOUT JOHN DEERE

It doesn't matter if you've never driven a tractor, mowed a lawn, or operated a dozer. With John Deere's role in helping produce food, fiber, fuel, and infrastructure, we work for every single person on the planet. It all started nearly 200 years ago with a steel plow. Today, John Deere drives innovation in agriculture, construction, forestry, turf, power systems, and more.

Construction Tenna

For further information, the news media should contact:

Kara Ferry
Public Relations Manager
John Deere Construction & Forestry
publicrelations@johndeere.com