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: Residue Management

Residue Management conservation practice manages the amount, orientation, and distribution of crop and other plant residue on the soil surface year-round while limiting soil-disturbing activities used to grow and harvest crops in systems where the field surface is tilled prior to planting. This video explores how Ryan McKenzie implemented this conservation practice on his farm in Samson, Alabama.

Practice benefits:

• Increases organic matter

• Improves air quality

• Decreases energy costs

• Reduces erosion

• Improves soil health

The Conservation at Work video series was created to increase producer awareness of common conservation practices and was filmed at various locations throughout the country. Because conservation plans are specific to the unique resource needs on each farm and also soil type, weather conditions, etc., these videos were designed to serve as a general guide to the benefits of soil and water conservation and landowners should contact their local USDA office for individual consultation.