M&A Deal Summary

AGI Acquires CMC Industrial Electronics

On January 17, 2018, AGI acquired electrical equipment company CMC Industrial Electronics

Acquisition Highlights
  • This is AGI’s 1st transaction in the Electrical Equipment sector.
  • This is AGI’s 9th transaction in Canada.
  • This is AGI’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2018-01-17
Target CMC Industrial Electronics
Sector Electrical Equipment
Buyer(s) AGI
Deal Type Add-on Acquisition

Target

CMC Industrial Electronics

Burnaby, British Columbia, Canada
CMC Industrial Electronics is a provider of hazard monitoring sensors and systems used in agricultural material handling applications. CMC also manufactures commercial bin monitoring sensors and systems. CMC Industrial Electronics was established in 1997 and is based in Burnaby, British Columbia.

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Buyer(S) 1

Buyer

AGI

Winnipeg, Manitoba, Canada

Category Company
Founded 1996
Sector Machinery
Employees2,780
Revenue 1.5B CAD (2023)
DESCRIPTION

AGI is a manufacturer of portable and stationary grain handling, storage and conditioning equipment including augers, belt conveyors, grain storage bins, grain handling accessories and grain aeration equipment. AGI was incorporated in 1996 and is based in Winnipeg, Canada.


DEAL STATS #
Overall 19 of 21
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 18 of 20
State (British Columbia) 1 of 1
Country (Canada) 9 of 9
Year (2018) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 Junge Control

Cedar Rapids, Iowa, United States

Junge Control, Inc. is a manufacturer of automation, measurement and blending systems for the agriculture and fuel industries. Junge Control, Inc. was established in 1979 and is based in Cedar Rapids, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-28 Milltec Machinery

Bengaluru, India

Milltec Machinery is a manufacturer of agro processing equipment. The Company offers end to end solutions to the grain milling industry including products across cleaning, de-husking, polishing, grading, whitening and sorting. Milltec Machinery was founded in 1998 and is based in Bengaluru, India.

Buy $110M