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New Deal


Announced

Brandt acquires Nortrax.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Automobiles

Private

heavy equipment

industrial equipment

Pending

Canada

Friendly

Acquisition

Single Bidder

Synopsis

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The Brandt Group of Companies, a leading John Deere equipment dealer, acquires Nortrax, a seller of heavy machinery and equipment. Financial terms were not disclosed. The acquisition will give Brandt a comprehensive retail footprint to supply Construction & Forestry equipment to Canadian contractors and will further establish the firm's position as a premier privately-held Canadian company and the largest privately-owned John Deere Construction & Forestry dealership in the world. "The addition of Nortrax's impressive branch and distribution network gives us an unprecedented opportunity to offer customers anywhere in Canada a consistent customer support experience, no matter where their projects take them." Shaun Semple, Brandt President.

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