Cervus Equipment Corp. is looking into buying an interest in an Australian farm equipment retailer.
The Calgary-based company is talking with Windmill Agricultural Unit Trust to buy a 30 percent interest. The assets under consideration include four John Deere dealerships.
“The signing of this (letter of intent) represents an opportunity to expand our market reach to Australia, a region with a booming agricultural market,” said Graham Drake, president and chief executive officer of Cervus in a news release.
