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    1. Mergers & Acquisitions

    Canadian Deere Dealer Brandt Acquires GeoShack Canada and Canadian Inteq Assets

    June 6, 2020
    Brandt Group of Companies, the world’s largest privately owned John Deere Construction & Forestry equipment dealer, has reached an agreement with Ultara Holdings to acquire the assets of GeoShack Canada Co. and the Canadian assets of Inteq Distributors.

    Brandt Group of Companies, the world’s largest privately owned John Deere Construction & Forestry equipment dealer, has reached an agreement with Ultara Holdings to acquire the assets of GeoShack Canada Co. and the Canadian assets of Inteq Distributors. The transaction is subject to customary due diligence.

    The announcement is the latest in a series of acquisitions and dealer agreements by the Regina, Saskatchewan, Canada-based company since its purchase of Deere dealership Nortrax in Ontario, Quebec, Newfoundland and Labrador in late 2019.

    “We are very excited to add this highly respected team along with these key product lines and support services for our customers in Ontario and Quebec,” said Brandt CEO Shaun Semple. “GeoShack and Inteq have built an impressive reputation over the years and we’re looking forward working with them to build on that strong foundation as we expand our commitment to those markets.”

    GeoShack is the long-time exclusive supplier for Topcon Positioning Systems equipment in Ontario providing sales, service, and rentals of GPS, lasers, survey equipment, and more the construction, survey, engineering and agricultural industries. The company also delivers comprehensive machine control solutions for all OEM construction and forestry equipment brands.

    “The combination of the GeoShack team and Brandt’s national infrastructure is going to be powerful for Ontario customers,” added GeoShack president Scott Beathard. “We’ve worked very hard to build strong relationships and a solid operation in the Ontario market over the years and we’re completely confident that Brandt will continue to grow the business and provide unmatched value for clients in that market.”

    A separate agreement has been announced with Topcon Positioning Systems Inc. that assigns Brandt distribution rights for the Quebec market and, alongside the GeoShack announcement, will make it the exclusive dealer for Topcon construction and geopositioning products for all of Canada.

    Inteq Distributors is a complementary business with a Canadian distribution center in Exeter, Ontario, that sells and services an extensive selection of construction instruments, optical equipment survey supplies and accessories. These additions, along with Brandt’s pre-existing Topcon footprint in western and Atlantic Canada, will give Brandt a comprehensive retail footprint to supply premium geopositioning equipment to Canadian construction and forestry contractors, engineering firms and survey companies and will further establish Brandt as a premier privately held Canadian company.