Linamar Corporation Plans to Acquire Salford Group
The same Canadian industrial corporation that acquired MacDon in 2018, Linamar, has announced it will acquire Salford Group.
Based in Salford, Ontario, Canada, the Salford Group is known as a manufacturer of tillage and application equipment.
“We are very excited to join the Linamar family,” Geof Gray, president of Salford Group said in the company’s announcement. “Linamar and MacDon both have excellent reputations in the industry and we believe the combination of our resources, our respective brand strengths and distribution networks will enable Salford to compete and innovate at a higher level with greater market coverage, delivering even more value to dealers and farmers.”
Linamar’s manufacturing portfolio is divided into two segments: industrial and mobility. MacDon anchors the industrial segment’s ag division, and Skyjack scissor, boom and telehandler lifts are also managed under the industrial group.
According to the company, Linamar generated sales of $6.5 billion in 2021, has 26,000 employees, 60 manufacturing locations, 11 R&D centrs and 25 sales offices in 17 countries in North and South America, Europe and Asia.
