Shaunavon Industries

JayDee AgTech Ltd. has acquired Shaunavon Industries (1980) Ltd.

Industry:

Automotive

JayDee AgTech Ltd. has acquired Shaunavon Industries (1980) Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Shaunavon Industries (1980) Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction has allowed the shareholders of Shaunavon Industries (1980) Ltd. (“SIL”) to implement their succession strategy while ensuring the continued growth and success of the business.

SIL is a successful farm implement dealership servicing the Shaunavon, Saskatchewan area. Their most prominent line is John Deere agricultural equipment, and also sell a variety of other shortline brands.

JayDee AgTech Ltd. (“JayDee”) is one of North America’s most successful farm implement dealerships. With the addition of the SIL location, JayDee now boasts 10 locations across Saskatchewan, and continues to provide industry leading equipment sales, GPS products and support, and agronomic services. The SIL transaction follows on the heels of the 2014 purchase of JayDee by The Jim Pattison Group (“Pattison”).

JayDee is a wholly owned subsidiary of Pattison. Pattison is the second largest private company in Canada, with sales over $8.4 billion in 2014 and more than 39,000 employees within its suite of companies under ownership. Pattison is comprised of over 545 locations worldwide focusing on the agricultural equipment, automotive, advertising, media, food and beverage, entertainment, exporting, financial, real estate, and periodical distribution industries.