Buhler Industries Inc. has purchased the assets of Ezee-On Manufacturing, a Vegreville, Alta.-based precision seeding and tillage manufacturer, for $14.5 million.
Buhler makes agricultural equipment such as tractors, front-end loaders and augers.
Photo: Buhler Industries
WINNIPEG: Buhler Industries Inc. has purchased the assets of Ezee-On Manufacturing, a Vegreville, Alta.-based precision seeding and tillage manufacturer, for $14.5 million.
Ezee-On, an operating division of TerraVest Income Fund, manufactures air drills and air carts, offset and tandem discs, post-pounders and front-end loaders.
“The acquisition of Ezee-On is another step in the process of becoming a full-line equipment manufacturer,” said Dmitry Lyubimov, president of Buhler Industries, a Winnipeg-based agricultural equipment manufacturer. “Our goal is to be able to offer a complete line of equipment to large acre growers in North America and around the world. Tillage and seeding equipment is essential for that growth.”
Ezee-On’s assets include a 140,000 square-foot plant sitting on 18 acres in Vegreville that employs 70 people, and a set-up and distribution warehouse in Billings, Mont.
Buhler said it intends to commit additional resources for research and development at the Ezee-On facility.
Combine Factory Rostselmash Ltd., a combine manufacturer based in Rostov-on-Don, Russia, owns 80% of the common shares of Buhler Industries, which has plants in Morden and Winnipeg, Man., and Fargo, ND, where it builds tractors, front-end loaders, augers and compact implements.