Glacier FarmMedia –– Two Alberta John Deere dealer groups are joining forces.
Martin Deerline and Agland intend to merge their operations effective July 31, forming a new entity known as Horizon Ag and Turf, “subject to necessary approvals and due diligence.” Terms of the merger deal weren’t disclosed in the companies’ announcement.
“This partnership is a significant step forward in our strategy to continue to build a strong, relevant business that focuses on taking care of our staff, our customers, and our suppliers, the three pillars of our business,” said Cam Kay, the current general manager of Agland, and intended CEO of the new business.
Read Also
War hits farm equipment makers’ share prices
There could be a very rocky road ahead for the U.S. economy, and valuations of U.S.-based corporations, such as major equipment makers, could continue to take a beating, Scott Garvey writes.
He noted both organizations enjoy success in the agriculture, construction and turf businesses, and have complementary goals and workplace cultures.
READ MORE: Project offers look inside a 50-year-old combine
“The Martin Deerline and Agland teams have been neighbouring dealers and friends for nearly 60 years and we are excited to see this opportunity come to fruition, said Cam Martin, current CEO of Martin Deerline.
Martin Deerline has been operating since 1965, and has 10 locations including two in Edmonton and one each at Warburg, Mayerthorpe, Westlock, Barrhead, High Prairie, Falher, Wetaskiwin and Calgary.
Agland has been selling John Deere products since 1957. It has three locations, in Lloydminster, St. Paul and Vermilion.
