PE-backed Salford Group acquires Valmar Airflo
The Salford Group Inc, a portfolio company of U.S. private equity firm GenNx360 Capital Partners, has acquired Valmar Airflo Inc. The financial details of the transaction were not published. Headquartered in Elie, Manitoba, Valmar is a manufacturer of seeding and granular application equipment for the agricultural sector. Update: Salford, a Canadian manufacturer of primary tillage, secondary tillage, seeding and fertilizer application equipment, said the deal will help expand its product line. The add-on acquisition is Salford's second since it was bought by GenNx360 in 2013.
11 May 2015•3 mins read
