Brandt acquires Nortrax Canada operations

September 11, 2019
Source:
Brandt/Fordaq
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The Brandt Group of Companies have reached an agreement to acquire the businesses of Nortrax Canada Inc. and Nortrax Quebec Inc., subject to due diligence and regulatory and other approvals.

The landmark deal will unite all John Deere Construction and Forestry dealerships in Canada under the Brandt banner and deliver access to Deere products, parts and support services to Canadian contractors.

With the acquisition of the Deere-owned Nortrax locations in Ontario, Quebec and Newfoundland and Labrador, Brandt will own and operate 56 John Deere Construction & Forestry dealerships across Canada with an additional 30+ service points and will employ over 3400 people.

The agreement is expected to close on Oct. 25, 2019.