20Dec 2023

Linamar Acquires Seeding Expert Bourgault Industries, Significantly Bolstering its Agriculture Business

December 20, 2023 (GUELPH) – Linamar Corporation (TSX: LNR) today announced that it has reached an agreement to acquire Bourgault Industries Ltd. of St. Brieux, Saskatchewan, further enhancing its Industrial segment’s diversified offerings and advancing its position as a leading short-line agriculture equipment manufacturer. Bourgault is a world-class agriculture equipment manufacturer regarded as a market and technology leader in broad acre seeding.  Linamar’s existing agricultural brands include harvesting specialist MacDon, and tillage and crop nutrition expert Salford.  Bourgault is highly complimentary to these existing divisions and enables Linamar to increase its market position as it now possesses a full lineup of products in the broader crop production cycle, from field preparation, to seeding, crop nutrition, harvest and post harvest.