Buhler Industries Inc., has purchased the assets of Ezee-On Manufacturing, an Alberta-based precision seeding and tillage manufacturer, for $14.5 million, from TerraVest Income Fund.
Ezee-On is known for building products such as air drills and air carts, offset and tandem discs, postpounders and front-end loaders. The acquisition includes the 140,000 square foot facility on 18 acres in Vegreville, Alberta, that employs 70 people, as well as a set-up and distribution warehouse in Billings, Montana.
"The acquisition of Ezee-On is another step in the process of becoming a full-line equipment manufacturer," says Dmitry Lyubimov, President of Buhler Industries. "Our goal is to be able to offer a complete line of equipment to large acre growers in North America and around the world. Tillage and seeding equipment is essential for that growth."
Additional resources will be dedicated to research and development to further develop the products built at the Ezee-On facility to meet the growing demands of the Versatile and Farm King dealer network and farmers around the world.