Mark Honnen, president of Honnen Equipment, announces that Honnen’s 8 stores located in Wyoming, Utah and Idaho are to be acquired by RDO Equipment, and its 3 Colorado stores are to be acquired by 4Rivers Equipment.
RDO is a John Deere dealer headquartered in Fargo, N.D. and has 110 total construction and agriculture stores located throughout North Dakota, Arizona, California, Minnesota, Montana, Oregon, South Dakota, Texas and Washington. 4Rivers, a John Deere dealer, consists of 17 total stores in Colorado, Wyoming, New Mexico and Texas.
The deal is expected to be closed on December 11, 2023.
RDO Equipment and 4Rivers Equipment are on the Farm Equipment Dealer 100™ (a ranking of the top 100 North American farm equipment dealers — by number of locations, which provides information on total and ag stores, brands, geographies served, employees, history, executives and ownership/company profile information.)
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