Items Tagged with 'Cervus Equipment Corp'

ARTICLES

Cervus Equipment 2Q Revenue Declines 20%; Ag Falls 25%

August 9, 2019 | Posted in Operations & Finance, Dealer News

Cervus Equipment Corp., a 21 store John Deere dealership group, reported that overall revenue decreased 20% in the quarter, with reduced equipment sales in its Agricultural segment comprising the majority of the decrease.

Cervus Equipment Reports Record New Equipment Sales in 1Q 2018

May 10, 2018 | Posted in Operations & Finance, Dealer News

Cervus Equipment Corp. announced its financial results and operational highlights for the quarter ended March 31, 2018.

Cervus Completes Sale of its Four Alberta-Based Construction Dealerships

March 20, 2018 | Posted in Manufacturer News

Strategy will focus on scalability of agriculture, transportation and industrial dealership groups.

Cervus Equipment Corp. Announces 2017 Year End Results

March 15, 2018 | Posted in Operations & Finance, Dealer News

The Company announced that its Board of Directors has approved an increase in its March 31, 2018 quarterly dividend from $0.07 to $0.10 per share.

Cervus Equipment to Sell 4 Alberta Construction Dealerships

February 27, 2018 | Posted in Dealers on the Move, Dealer News

Go-forward strategy will focus on agriculture, transportation and material handling operations.

Cervus Equipment Announces CFO Retirement, Successor Appointment

November 27, 2017 | Posted in Dealer News

CFO Randy Muth will retire after nearly 13 years with Cervus. Adam Lowther, currently director of finance at Cervus, will be promoted to CFO effective Jan. 1, 2018

Cervus Posts Record Quarterly New Ag Equipment Sales

November 9, 2017 | Posted in Dealer News

Cervus Equipment Corp releases its financial results and operational highlights for their third quarter.

Cervus Sells Minority Interest in Maple Farms

December 22, 2016 | Posted in Dealer News

Cervus Equipment Corporation today announced that it has sold its 21.449% interest in Maple Farms Partnership to the majority partner for gross proceeds of approximately $9.1 million.

Cervus Equipment Corp. Announces Amended & Extended Syndicated Credit Facility

December 19, 2016 | Posted in Dealer News

Cervus Equipment Corp. is pleased to announce that it has entered into an amended and extended revolving credit facility (the “Facility”) with its existing syndicate of underwriters led by The Toronto-Dominion Bank and including Canadian Imperial Bank of Commerce and Wells Fargo.

Purchaser Waives Material Conditions for Sale and Leaseback of Real Estate Portfolio

November 28, 2016 | Posted in Operations & Finance, Facilities

Cervus Equipment Corp. previously announced that it has entered into a definitive agreement for the long term sale and leaseback of approximately $55.7 million of real estate currently owned by the company.

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