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MacDon Suitors Include Private Equity Firm, Report Says

July 9, 2013
By: Nate Birt, Top Producer Deputy Managing Editor google + 
MacDonFlexDraper
  

Private equity firm TPG Capital LP is among those looking to purchase Macdon Industries Ltd., according to a Reuters report that references three unnamed sources. The Canadian manufacturer makes windrowers, draper headers for combines and other agricultural equipment.

(See related photos: New MacDon Equipment, 2007 to 2012)

The sources tell Reuters that TPG Capital is "working on making a binding bid for MacDon by the mid-July deadline for final offers," the report states. 

Reuters first broke news of the MacDon sale in April. 
 

 

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RELATED TOPICS: Machinery, Harvesting, Combines

 
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