# Brandt Tractor to acquire Cervus Equipment

Brandt Tractor Ltd. has agreed to acquire all outstanding shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million.

- Type: Acquisition
- Announced: 2021-08-16
- Where: Canada
- Value: $302.0M
- Status: announced
- Products: agriculture, transportation and material handling equipment dealerships
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Brandt Tractor](https://endata.com/companies/48562.md) (acquirer)
- [Cervus Equipment Corporation](https://endata.com/companies/57135.md) (target)

## Sources

- [supplypost.com](https://www.supplypost.com/news/2021/8/cervus-equipment-corporation-agrees-to-be-acquired-by-brandt-tractor-ltd), 2021-08-16: "This Transaction delivers tremendous value for our shareholders and clearly demonstrates the successful execution of our strategy."
- [northeastnow.com](https://northeastnow.com/2021/08/16/brandt-announces-purchase-of-cervus-equipment/), 2021-08-16: "Brandt Tractor based in Regina, Sask. is acquiring Cervus Equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.