03:35:39 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Buhler Industries Inc
Symbol BUI
Shares Issued 25,000,000
Close 2023-07-21 C$ 2.10
Market Cap C$ 52,500,000
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Buhler taps Origin Merchant to help find investor

2023-07-27 13:51 ET - News Release

Mr. Adam Reid reports

BUHLER INDUSTRIES INC. ANNOUNCES COLLABORATION WITH ORIGIN MERCHANT PARTNERS TO SEEK LONG-TERM INVESTMENT PARTNER

Buhler Industries Inc. has engaged the services of Toronto-based Origin Merchant Partners to identify a long-term investment partner. This collaboration represents a significant step forward for the company as it seeks to bolster its position in the agricultural industry and continue its commitment to serving farmers and dealers with high-quality farm equipment.

Through a series of successful initiatives, including the sale of underutilized assets earlier in the year, Buhler Industries has solidified its financial foundation by securing sufficient capital for current operational needs.

Buhler Industries has been an integral part of the agricultural landscape for nearly a century, with a legacy dating back almost 100 years. Serving as a cornerstone of the Canadian economy, the company takes pride in employing over 800 Canadians and making a significant impact in the province of Manitoba, with manufacturing facilities in both Winnipeg and Morden.

The search for the right investment partner is driven by a commitment to preserving the legacy of the iconic Versatile and Farm King brands. As a company that deeply values its roots and heritage, Buhler Industries seeks a partner who understands and respects the historical significance of these brands, as well as their immense potential for future growth and innovation. The company plans to continue to be critical supplier to its valued network of dealers across North America.

About Buhler Industries Inc.

Buhler Industries is headquartered in Winnipeg, Man., Canada, and is a publicly traded company on the Toronto Stock Exchange (TSX: BUI). The company manufactures and distributes its product through the brand names Versatile and Farm King. The Versatile line of equipment consists of tractors and tillage. Farm King supplies augers, mowers, bale carriers, snowblowers and compact implements. The company has manufacturing facilities and warehouses in both Canada and the United States.

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