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  6. RME Acquires Heartland Equipment

M&A Deal Summary

RME Acquires Heartland Equipment

On April 1, 2009, RME acquired machinery company Heartland Equipment

Acquisition Highlights
  • This is RME’s 1st transaction in the Machinery sector.
  • This is RME’s 1st transaction in Canada.
  • This is RME’s 1st transaction in Alberta.

M&A Deal Summary
Date 2009-04-01
Target Heartland Equipment
Sector Machinery
Buyer(s) RME
Deal Type Add-on Acquisition

Target

Heartland Equipment

Drumheller, Alberta, Canada
Heartland Equipment Ltd. is a provider of new and used farm machinery and equipment in Alberta.

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Buyer(S) 1

Buyer

RME

Calgary, Alberta, Canada
Category Company
Founded 2007
Sector Business Services
Employees755
Revenue 775M CAD (2019)
DESCRIPTION

RME is an agriculture equipment dealer with branches. Through its dealer network, RME sells, rents, and leases new and used agriculture and construction equipment and offers product support and finance to its customers. RME was founded in 2007 and is based in Calgary, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2009 M&A 1 of 1
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