The sale of seeding equipment manufacturer Morris Industries has been approved by a Saskatchewan Court of Queen’s Bench judge.
Morris has been in creditor protection since January 2020.
Morris has been sold to a numbered-company arm of Superior Farms Solutions, the operator of Rite Way Manufacturing.
The numbered company will operate as Morris Equipment.
The deal includes Morris’ head office in Saskatoon and the manufacturing facility in Minnedosa, Manitoba. It does not include Morris' Yorkton manufacturing plant
Financial terms of the deal are not being disclosed. The deal is expected to close by December 31, 2020.
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