Linamar bolsters portfolio with acquisition of Bourgault

Bourgault Industries is a renowned global leader in broad-acre seeding, known for its cutting-edgeagricultural equipment. Bourgault released the world’s first tow-behind, 138 bushel air seeder cart with the Dual-Purpose line of cultivators in the fall of 1980. In the over 40 years since, Bourgault has continued to change the way broadacre farmers put seed in the ground from the Canadian Prairies and around the world.

This acquisition, valued at CAD $ 640 million, further solidifies Linamar’s status as a top-tier short-line agricultural equipment manufacturer. Linamar’s pre-existing agricultural brands, including MacDon, a specialist in harvesting like headers for combine harvesters, and Salford, a provider of tillage and crop nutrition solutions, are set to synergize effectively with Bourgault’s offerings.

New ag division

This strategic acquisition propels Linamar into a comprehensive suite of products covering the entire crop production cycle, from field preparation, seeding, and crop nutrition to harvesting and post-harvest activities. Linamar intends to form a new Agriculture division within its Industrial Segment, alongside its existing aerial work platform manufacturing division, Skyjack. This move aims to maximize growth prospects worldwide, foster advancements in agricultural technology, enhance the overall farming experience, and provide superior product support.

Also livestock equipment The acquisition also encompasses Bourgault’s Highline Manufacturing division, specializing in hay handling and livestock feeding equipment, as well as Free Form Plastics, a roto-moulding producer. This integration marks another significant milestone in Linamar’s diversification strategy, reinforcing its ability to achieve consistent, sustainable growth with strong financial performance. Linamar believes that this venture with Bourgault will empower the company to better serve the Western Canadian and U.S. Midwest farming communities. The transaction is anticipated to close in Q1 2024, pending customary regulatory approvals.”