Grand Forks-based True North Equipment has acquired Evergreen Implement Company. With the acquisition, True North Equipment will add four new stores in Minnesota including Warren, Thief River Falls, Mahnomen and Baudette. Co-owner and vice-president John Onken says between now and the acquisition closing date of June 3 will be a time of introducing the change to customers and employees. “We’re going to be working closely with the sellers of Evergreen collectively on what they have going on in the business and what we need to do to ramp up as we pull the organizations together.” President Dan Gorder says this also provides an opportunity to expand mid-size farm equipment offerings, like hay equipment. All eyes are on the horizon. “I would never say we’re done with acquisitions,” says Gorder. “We’re always looking for opportunities.” Watch the video.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.