The acquisition, which is expected to close on or about August 17, 2018, is subject to a number of conditions to closing, including approval by New Holland. As part of the transaction, RME will assume certain inventory, related debt and the lease associated with the existing facility in Olds.
Earlier this year, Rocky Mountain Dealerships said that it would not pursue any further acquisitions until it maximized the performance of its existing locations.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.