The owner of Deermart Equipment Sales is acquiring an interest in a pair of John Deere dealerships in Southern Alberta.
John Donald and his counterparts at McKay Bros. Farm Implements in Lethbridge and Western Sales in Rosetown, Sask., have announced that they’re buying the assets and operations of Green Power. Based in Taber, Green Power also has outlets in Burdett and Medicine Hat.
The sale is expected to close Nov. 1. Thereafter, Green Power and McKay Bros. will merge their operations and the three buyers will own the amalgamated entity.
“Once we’ve done the purchase of Green Power, McKay Bros. becomes part of the new group, so the new group will be Taber, Burdett, Medicine Hat and Lethbridge,” explained Donald, adding that this Southern Alberta group will adopt a new name.
Currently owned by Larry Weatherhead, Green Power has been in the Weatherhead family for 75 years.
“That would be the oldest family dealership in probably North America — I know for sure in Canada,” said Donald.
Although Deermart will remain an independently owned dealership, customers should benefit from its new connections with the southern dealership group and Western Sales.
“We will have access to their used equipment inventory, their new equipment inventory and their parts. And they will have access to ours as well.”
Alan Fabro, general manager of McKay Bros., said Green Power’s employees will be retained.