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Subsequent Event
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Event
Subsequent Event

On February 9, 2017, the Company reached a binding agreement with the two largest shareholders of Kepler Weber S.A. (“Kepler Weber”) to acquire 35% of the outstanding shares. Kepler Weber is a Brazilian manufacturer of grain handling and storage equipment. The acquisition is subject to Brazilian competition authority approval, the Company ultimately acquiring a minimum of 65% of the outstanding shares of Kepler Weber, and other customary conditions.  The Company intends to launch a tender offer to acquire potentially all of the common shares held by the other shareholders. The price agreed by way of the binding agreement was 22.00 Reais per share (or approximately $7.03 per share), valuing Kepler Weber at 578.9 million Reais (or approximately $185.0 million).