M&A Deal Summary

Elmers Manufacturing Acquires Dynamic Ditchers

On August 30, 2018, Elmers Manufacturing acquired machinery company Dynamic Ditchers

Acquisition Highlights
  • This is Elmers Manufacturing’s 1st transaction in the Machinery sector.
  • This is Elmers Manufacturing’s 1st transaction in Canada.
  • This is Elmers Manufacturing’s 1st transaction in Manitoba.

M&A Deal Summary

Date 2018-08-30
Target Dynamic Ditchers
Sector Machinery
Buyer(s) Elmers Manufacturing
Deal Type Add-on Acquisition
Advisor(s) Generational Capital Markets (Financial)

Target

Dynamic Ditchers

Dugald, Manitoba, Canada
Dynamic Ditchers, Inc. designs, manufactures, and distributes branded soil moving machines using proprietary processes and innovative patented designs. The company, founded in 2007, has designed and built a premiere soil moving machine called the Wolverine Extreme Rotary Ditcher that works in conjunction with automated GPS systems. The product was developed to provide an alternative to traditional soil scrapers that requires collecting, hauling, and then spreading of the soil to create water flow in farm land.

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Buyer(S) 1

Buyer

Elmers Manufacturing

Altona, Manitoba, Canada

Category Company
Founded 1978
Sector Machinery
DESCRIPTION

Elmers Manufacturing, Inc. designs, develops, and manufactures specialized agricultural equipment in the heart of the Manitoban Red River Valley. They were founded in 1978 and have grown from building row crop cultivators to manufacturing an extensive and diversified group of equipment lines for any size farming operation. Product lines include row crop cultivators, edible bean cutters, header and swather transports, high capacity Haul Master Grain Carts and the revolutionary Super 7 Harrow.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1