Linamar finalizes purchase of Saskatchewan farm equipment manufacturer

Feb 02, 2024

Linamar Corporation has completed its acquisition of Bourgault Industries Ltd. as of Feb. 1.

The agreement to acquire Bourgault, initially announced on Dec. 20, was worth C$640 million.

Linamar buys 100 per cent of the equity interests of Bourgault’s seeder operations at St. Brieux, Sask. as well as the Highline Manufacturing division and the roto-moulding producer Free Form Plastics.

Bourgault will be integrated into the new Linamar Agriculture division, joining MacDon who specializes in harvest equipment and Salford’s tillage and crop nutrition equipment.

Linamar Executive Chair and CEO Linda Hasenfratz said she was pleased the process has been completed.

“We 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,” Hasenfratz said. “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.”

In conjunction with the closing the Bourgault transaction, Linamar has also finalized a new CAD $700 million term loan agreement.

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Video: We’ll NEVER Use These Grain Bins Again!

A huge change is happening on the farm — our new grain bin has officially arrived, and that means we’ll never use some of our old grain bins again. In today's video, we take delivery of the new grain bin, look back at the old bins that have been part of our farm for years, and talk about why this upgrade is such a big deal for harvest, grain storage, and the future of our family farm.

This is more than just a grain bin delivery. It’s the end of an era and the start of a major farm upgrade that will completely change how we handle corn during harvest. From old grain storage to a brand-new bin setup, this project is one of the biggest improvements we’ve made at the farm.

Join me as the new grain bin shows up, the bin project continues, and we prepare for a new chapter in harvest efficiency on our Minnesota family farm.