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  5. Finning Acquires General Machinery S.A.

M&A Deal Summary

Finning Acquires General Machinery S.A.

On January 13, 2003, Finning acquired distribution company General Machinery S.A.

Acquisition Highlights
  • This is Finning’s 2nd transaction in the Distribution sector.
  • This is Finning’s 1st transaction in Uruguay.

M&A Deal Summary
Date 2003-01-13
Target General Machinery S.A.
Sector Distribution
Buyer(s) Finning
Deal Type Add-on Acquisition

Target

General Machinery S.A.

Montevideo, Uruguay
General Machinery Co. S.A. is a distributor of caterpillar machinery and equipments.

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Buyer(S) 1

Buyer

Finning

Surrey, British Columbia, Canada
Category Company
Founded 1933
Sector Machinery
Employees13,188
Revenue 10.5B CAD (2023)
DESCRIPTION

Finning is the largest Caterpillar dealer operating in some of the most resource-rich territories in the world. Finning was founded in 1933 and is based in Surrey, Canada.

DEAL STATS #
Overall 4 of 11
Sector (Distribution) 2 of 3
Type (Add-on Acquisition) 3 of 9
Country (Uruguay) 1 of 1
Year (2003) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-13 Macrosa Del Plata S.A.

Beccar, Argentina

Macrosa Del Plata S.A. is a distributor of machinery and equipment to heavy construction, mining, forestry, and marine industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-08 Blandin Light Plant

Channel Islands, United Kingdom

Blandin Light Plant Ltd. is an equipment rental company located in Jersey, Channel Islands, the U.K.

Buy CA$2M
Mergr

Product

Company

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