Items Tagged with 'Cervus Equipment Corp'

ARTICLES

Brandt Tractor Acquires Cervus Equipment

Brandt Tractor Ltd. to Acquire Cervus Equipment Corp. for $19.50 Per Share in Cash

August 16, 2021 | Posted in Dealers on the Move, Operations & Finance, Dealer News

Brandt Tractor Ltd. will acquire all of the issued and outstanding common shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million on an equity value basis.

Cervus Reports 2020 Revenue Up 8%

March 11, 2021 | Posted in Operations & Finance, Dealer News

Cervus also announced, as part of its strategy to grow product support offerings, a new agriculture facility planned near Penhold, Alta., and the acquisition of Vapormatic distribution rights for the North Island of New Zealand.

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.

More Articles Tagged with 'Cervus Equipment Corp'

Farm Equipment Videos

Stories from Independent Farm Equipment Innovators, Episode 1

This inaugural episode in plans for a new docuseries introduces father-son duo Ward and Marc McConnell who’ve led farm equipment manufacturer Art’s Way Manufacturing and other businesses. Filmed in Texas in 2017, this 13-minute video is one of 25 in-person interviews on the legacies of family-run equipment manufacturers collected over several years. This pilot is being early-released to mark the 1-year anniversary of Ward’s passing in May 2021.

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