Rocky Mountain Dealerships Inc. has announced the expiration of the 35?day go?shop period provided for in the arrangement agreement dated Nov. 1, 2020, between RME and AcquireCo, pursuant to which AcquireCo will acquire all of the issued and outstanding common shares of RME held by RME shareholders.
Rocky Mountain Dealerships ("RME") and AcquireCo, an entity controlled by Matthew Campbell, chairman of the Board of Directors of RME and Garrett Ganden, president and CEO of RME, are pleased to announce that they have entered into an arrangement agreement pursuant to which AcquireCo will acquire all of the issued and outstanding common shares of RME.
Third quarter total sales increased by $16,927, or 9.2%, to $200,994 from $184,067 during the same period in 2019, due to higher sales in all categories.
Cervus Equipment (TSX:CERV) and Rocky Mountain Dealerships (TSX:RME), western Canada’s largest farm equipment dealers are electing to pay a dividend to shareholders. Both dealership groups are headquartered in Calgary, Alb.
“Finally, there are early signs that the ag industry may be finding new religion with respect to the trade-in practices that have created such a glut of used equipment in the market,” said Ben Cherniavsky, analyst with Raymond James, in a July 29 note on Rocky Mountain Dealerships’ (RME) second quarter earnings report.
In this week's podcast we look at the preliminary results of Farm Equipment and Ag Equipment Intelligence's latest Brand Loyalty Study. Also in this episode, dealers adjust their sales forecast for 2020 and Dealer Optimism takes a huge hit in March. Rocky Mountain Dealerships reported a decline in first quarter earnings and the Kansas City Federal Reserve Bank says farm lending slowed in the first quarter. In the Technology Corner, Jack Zemlicka discusses some non ag opportunities for precision services.
The latest episode of On the Record is now available! In this week's episode we look at the preliminary results of Farm Equipment and Ag Equipment Intelligence's latest Brand Loyalty Study. Also in this episode, dealers adjust their sales forecast for 2020 and Dealer Optimism takes a huge hit in March. Rocky Mountain Dealerships reported a decline in first quarter earnings and the Kansas City Federal Reserve Bank says farm lending slowed in the first quarter. In the Technology Corner, Jack Zemlicka discusses some non ag opportunities for precision services.
The dealer network reported total sales of $134 million dollars in the first quarter of 2020, down $44 million compared to $178 million reported in the first quarter of 2019, a decline of 25%.
Rocky Mountain Dealerships (TSX:RME), Canada's largest agriculture equipment dealer, announced an update with respect to the impact from the COVID-19 virus outbreak on its current operations.
In this week’s podcast, we discuss the continued challenges hitting Canadian dealers. We also take a look at how dealers have responded to the COVID-19 pandemic and how its impacting the commodities market. Also in this episode: How Bobcat’s return to tractors boosted its bottom line and digital strategies for dealers.
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In this episode of On the Record, brought to you by Benzi America, we take a look at results of the 2024 Brand Loyalty study. In the Technology Corner, we examine how USDA’s use of ag data raises privacy concerns.