March 13, 2015 Neepawa Banner

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T A C Ventures Inc.

• NEW Implement Camera now sees COLOUR in Air-Seeder Tanks • Communicate on your Farm Vertex 2-Way Radios • Farm Yard Security Cameras, Driveway Alerts and More!

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Copper Aluminum 208 Friday, March 13, 2015 • Vol.26 No.21 Box • Neepawa, Manitoba Allen Leigh Stainless Brass Neepawa, MB R0J 1H0 Jack Falk (Owner)

Dealers in Scrap Metal

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(204) 727-0531 P: P: (204) 727-0531 1550 Richmond (204) 726-9160 1550 Richmond AveAve F: F: (204) 726-9160 Brandon, R7A 1-866-980-3757 Brandon, MBMB R7A 7E37E3 TF:TF: 1-866-980-3757 mikew@murraychryslerwestman.comC: C: (204) 724-7825 mikew@murraychryslerwestman.com (204) 724-7825

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Nomination meeting Cindy Hockin 204-476-7802 Brent Sorenson 204-476-7806 March 14, 2015, 10:00 a.m. at Yellowhead Hall, Neepawa, MB

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Glenella 204-352-4475

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Mike Ellis 204-841-4244 Dave Leflar 204-841-0025

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20

(So it’s not Outrageous1550 Orange Richmond Ave until you say Brandon, MB R7A 7E3 mikew@murraychryslerwestman.com it’s Outrageous Orange.)

Machining & Mfg. LTD

Eden • 204-966-3221 • www.pennosmachining.com pennosmachining@gmail.com

51 Main Street East 204-476-5653

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Sales Consultant Mike Waddell Mike Waddell

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NEEPAWA-GLADSTONE CO-OP BULK FUEL

Toll Free: 1.866.289.8164

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What matters to you matters to us.

Concaves Vote for Rebuilt PC MLA Candidate, Agassiz Constituency Line Boring and Welding

it includes homemade fruit pies, cream pies, muffins, and cheese cake

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Get ready for spring

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Clothing • Groceries • Fresh Produce

Rocky Mountain Equipment acquires Chabot Implements

For

• Legend Seeds dealer for corn and soybeans. • Custom seed treating with proven varieties for your farm.

• Competitive pricing on all grains and oilseeds.

Deal valued at $6.8 million

Gladstone

385-2292

NEEPAWA-GLADSTONE CO-OP HOME AND FARM CENTRE

#300 - Highway #5 North Neepawa 204-476-3456

300 Mountain Ave. Neepawa 204-476-5164 www.gianttiger.com

By Ken Waddell The Neepawa Banner Rocky Mountain Equipment has purchased the Chabot Implements dealerships, a Manitoba-based dealer of Case IH agriculture equipment with locations in Portage La Prairie, Steinbach and Elie. Chabot also sells Kubota equipment through its Neepawa location. Rocky Mountain Equipment Neepawa manager, Shawn Compton referred media inquiries to Manitoba-Saskatchewan general manager Marty Cook. Cook said in an interview with the Neepawa Banner that the deal places RME in a good position for the company and for customers. “RME owns all the Case IH dealers except the one at Winnipeg. The purchase is good for marketing and moving equipment from one dealer to another. It’s good for the customers.” It’s expected that the new RME building at Neepawa, soon to be opened in Neepawa’s industrial park east of town, will absorb the operation of Chabot Implements in Neepawa. The Neepawa Chabot location sells Kubota equipment and many other short lines of farm equipment. Cook said, “The new RME building is the newest and one of the biggest in Manitoba.” Compton said they hope to move into the new facilities by April 1. As of press deadline, a call was expected from Gilles Chabot, owner of Chabot Implements. On its web site Rocky

Mountain Equipment announced on March 10 that it has, through a subsidiary, entered into an agreement to purchase 100 per cent of the issued and outstanding shares of the entities forming Chabot Implements (“Chabot”) for purchase consideration of $6.8 million For its most recent fiscal year ending December 31, 2014, Chabot had consolidated top-line revenues of approximately $68 million. This acquisition is subject to customary closing conditions and is expected to close effective April 1, 2015. Rocky intends to fund the acquisition through existing cash and credit facilities. Commenting on this acquisition, Garrett Ganden, Rocky’s President and CEO, stated, “The acquisition of Chabot represents a significant achievement for Rocky and will be immedi-

ately accretive to earnings. Chabot has a long-standing, proud heritage as a premier equipment dealer in Manitoba, having been established nearly 80 years ago. They enjoy a significant sales and service territory, customer base, and this acquisition allows us to more fully consolidate our Case IH distribution in Manitoba. Adding these locations to our existing Case IH distribution network will allow us to leverage our strengths as a dependable equipment partner to our customers, as we work to further enhance the market penetration of our Case IH offerings in the Manitoba region. This acquisition also illustrates our continued intention to execute on our strategy of consolidating independent CNH dealers in the Canadian Prairies, where we continue to see opportunity.”

PHOTO BY EOIN DEVEREUX

Rocky Mountain Equipment expects to be in their new location, east of Neepawa on Hwy. 16, by April 1. RME staff at Neepawa have been working over the past several months out of temporary quarters in downtown Neepawa.

PHOTO BY JOHN DRINKWATER

Operations at the current Chabot Implements building on Hwy. 16 west in Neepawa are expected to be transferred to the new RME building. Plans for the Chabot building, pictured above, were not available at press time.

E

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