Cervus Equipment has announced it has entered into an arrangement agreement with Brandt Tractor, part of Brandt Industries. Brandt will acquire all of the issued and outstanding common shares of Cervus, excluding those held by Brandt, for $19.50 per share in cash, valuing Cervus at approximately $302 million on an equity value basis. The consideration… Read More

Pointing to the strength of the Canadian agriculture sector,¬†Cervus Equipment Corp is reporting record sales in its latest quarter update. “Once again (Cervus) generated a record sales quarter with the highest new equipment deliveries to customers for a single quarter in Cervus’ history,” president and CEO of Cervus Equipment, Graham Drake says. “In Ontario, our… Read More

Cervus Equipment Corp. continues to expand its network of John Deere dealerships in Western Canada. The company announced yesterday that it has signed a deal to acquire Deer-Country Equipment Ltd, which owns Deere dealerships in High River and Vulcan, Alberta. “As with the recently completed Evergreen acquisition, signing of this Definitive Agreement represents a strategic… Read More

Cervus Equipment Corp. has announced a deal to buy another four John Deere dealerships in Alberta. The company has entered into an agreement to acquire all¬†of the shares of Evergreen Equipment Ltd., which owns Deere outlets at Bassano, Brooks, Drumheller and Hanna. “Signing of this Definitive Agreement demonstrates Cervus’ continued opportunities for growth with John… Read More

 

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