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 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 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.
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