Robertson Implements

Robertson Implements has acquired four dealership locations from Moody's Equipment LP.

Industry:

Automotive

Robertson Implements has acquired four dealership locations from Moody's Equipment LP. MNP Corporate Finance Inc. acted as exclusive financial advisor to Robertson Implements in structuring and negotiating this transaction.

Transaction Brief

This transaction has allowed the Robertson Implements brand (Robertson) to grow the business and ensure the continued success of these locations.

Robertson is a fifth-generation, family-owned New Holland agricultural equipment dealership group, proudly servicing the Canadian prairies since 1921. In addition, Robertson retails equipment from various agriculture shortline manufacturers, as well as operates a motorsports recreational division along with an equipment rentals division. The acquisition of Moody's locations in Kindersley, Perdue, Saskatoon and Unity, Saskatchewan, will increase Robertson's presence in the Western Canadian market to 11 locations across Saskatchewan and Alberta. Following the acquisition, the Moody’s locations will operate under the Robertson name.

Moody's is a New Holland agricultural equipment dealership group with six locations throughout Saskatchewan, established in 1966. The company sells and services various agricultural equipment and implement shortlines, as well as operates a precision land management division.