Linamar to acquire Salford Group from GenNx360 for $203m.

Linamar, an advanced manufacturing company, agreed to acquire Salford Group, a tillage and crop nutrition application equipment manufacturer, from GenNx360, a private equity firm, for $203m. "We are very excited to join the Linamar family. Linamar and MacDon both have excellent reputations in the industry and we believe the combination of our resources, our respective brand strengths and distribution networks will enable Salford to compete and innovate at a higher level with greater market coverage, delivering even more value to dealers and farmers," Geof Gray, Salford Group President.