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Announced

Completed

Linamar completed the acquisition of Bourgault Industries for CAD640m.

Synopsis

Linamar, a manufacturing company serving the mobility, access, agriculture, and MedTech industries, completed the acquisition of Bourgault Industries, an agricultural equipment manufacturer, for CAD640m. "We are very happy to have concluded this acquisition process and now officially welcome Bourgault into the Linamar family. The core equipment brands of MacDon, Salford, and Bourgault now make up a unified Linamar Agriculture Division. The brands will continue to operate as independent businesses in the same manner dealers and farmers have come to know them for. We are thrilled to have acquired a third jewel in our agricultural crown, which will be immediately accretive and accompanied by a strong team and leading technology. This is a further expansion of Linamar's growing Industrial group, which has become an excellent compliment to our Mobility business. The two segments function in parallel to provide cash, cross-functional engineering support, human resources talent and procurement buying-power to each other as needed," Linda Hasenfratz, Linamar Executive Chair and CEO.

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