Linamar-Bourgaullt deal is complete

The deal is now official, and all regulatory approvals have been met.

Ontario-based Linamar Corporation has completed its purchase of Bourgault Industries Ltd at St. Brieux, Saskatchewan.

The $640 million transaction was announced back on December 20th with Linamar acquiring 100 per cent of Bourgault and its subsidiaries Highline Manufacturing and Free Form Plastics. 

Bourgault now joins Linamar's Agriculture division of MacDon (a harvesting equipment leader) and Salford (a tillage and crop nutrition equipment leader).

Linamar Executive Chair and CEO Linda Hasenfratz says the brands will continue to operate as independent businesses.