M&A Deal Summary

Salford Group Acquires AerWay

On December 21, 2015, Salford Group acquired machinery company AerWay from SAF-Holland Canada

Acquisition Highlights
  • This is Salford Group’s 3rd transaction in the Machinery sector.
  • This is Salford Group’s 2nd transaction in Canada.
  • This is Salford Group’s 1st transaction in Ontario.

M&A Deal Summary

Date 2015-12-21
Target AerWay
Sector Machinery
Buyer(s) Salford Group
Sellers(s) SAF-Holland Canada
Deal Type Divestiture

Target

AerWay

Norwich, Ontario, Canada
AerWay sells its turf and agricultural products worldwide through a global distribution network.

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Buyer(S) 1

Buyer

Salford Group

Osceola, Iowa, United States

Category Company
Founded 1978
Sector Machinery
DESCRIPTION

Salford Group is a designer and manufacturer of tillage, seeding, and fertilizing equipment for the agricultural industry. The company's products are engineered and built to be durable, innovative, and complementary to mainline OEM products with distinct performance advantages related to higher productivity, greater efficiency, and environmental sustainability. It has been able to leverage technological developments in precision agriculture to allow producers to manage their crop production with an ever-increasing degree of accuracy. Salford Group was formed in 1978 and is based in Osceola, Iowa.


DEAL STATS #
Overall 3 of 3
Sector (Machinery) 3 of 3
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 Valmar Airflo

Elie, Manitoba, Canada

Valmar Airflo Inc. designs and manufactures granular applicators for fertilizer, herbicide, insecticide, seed, seed inoculant and forage preservatives.

Buy -

Seller(S) 1

SELLER

SAF-Holland Canada

Woodstock, Ontario, Canada

Category Company
Sector Machinery
DESCRIPTION

SAF-Holland Canada Ltd. supplies fifth wheels, truck suspensions, pintle.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1