Add-on Acquisition • Machinery

AGI Acquires Wheatheart Manufacturing

On May 15, 1998, AGI acquired machinery company Wheatheart Manufacturing

Acquisition Context

This is AGI’s 1st transaction in the Machinery sector.
This is AGI’s 1st transaction in Canada.
This is AGI’s 1st transaction in Saskatchewan.

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M&A Deal Summary
Date	May 15, 1998
Target	Wheatheart Manufacturing
Sector	Machinery
Buyer(s)	AGI
Deal Type	Add-on Acquisition

Target Company

Wheatheart Manufacturing

Saskatoon, Saskatchewan, Canada

Wheatheart Manufacturing Ltd. is a manufacturer of portable grain augers, grain handling accessories and fencing equipment.

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Buyer Overview 1

Buyer

AGI

Winnipeg, Manitoba, Canada

Category	Company
Founded	1996
Sector	Machinery
Employees	2,780
Revenue	1.4B CAD (2024)

DESCRIPTION

AGI's headquarters in Winnipeg, Manitoba.

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, Manitoba.

Deal Context for Buyer	#
Overall	1 of 21
Sector: Machinery	1 of 17
Type: Add-on Acquisition	1 of 20
State: Saskatchewan	1 of 1
Country: Canada	1 of 9
Year: 1998	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2000-05-01	Westfield Industries Rosenort, Manitoba, Canada Westfield Industries Ltd. is a manufacturer of grain augers.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2000-05-01

Westfield Industries

Rosenort, Manitoba, Canada

Westfield Industries Ltd. is a manufacturer of grain augers.

Buy

Explore Related M&A Activity

Machinery M&A - Add-on Acquisition M&A Deals - Saskatchewan M&A - Canada M&A - 1998 M&A