M&A Deal Summary

Salford Group Acquires BBI Spreaders

On October 16, 2014, Salford Group acquired machinery company BBI Spreaders

Acquisition Highlights
  • This is Salford Group’s 1st transaction in the Machinery sector.
  • This is Salford Group’s 1st transaction in the United States.
  • This is Salford Group’s 1st transaction in Georgia.

M&A Deal Summary

Date 2014-10-16
Target BBI Spreaders
Sector Machinery
Buyer(s) Salford Group
Deal Type Add-on Acquisition

Target

BBI Spreaders

Cornelia, Georgia, United States
BBI is a design, manufacturing and sales company serving the agricultural, poultry and construction industries. We maintain a commitment to providing a variety of granular material application solutions expressly created to improve the financial performance of all Salford BBI customers.

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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 1 of 3
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
FOLLOWING 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.

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