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WINNIPEG, MB, Dec. 28, 2023 /CNW/ - Buhler Industries Inc. ("Buhler Industries" or the "Company") (TSX: BUI) and ASKO Holding ("ASKO Holding") are pleased to announce that Başak Traktör Tarim Ziraat Ve Iş Makinalari Sanayi Ticaret A.Ş. ("Başak Traktör"), which is a wholly-owned subsidiary of ASKO Holding, has completed the previously announced acquisition of all of the common shares ("Shares") of the Company owned by Combine Factory Rostselmash Ltd. ("Rostselmash"). In addition, Başak Traktör acquired all of the outstanding debt (the "Debt") of Buhler Industries owed to Rostselmash. The aggr

Winnipeg, Manitoba--(Newsfile Corp. - December 20, 2023) - Pursuant to the early warning requirements of applicable Canadian securities laws, Combine Factory Rostselmash Ltd. ("Rostselmash") announces that it has entered into a private agreement (the "Agreement") to sell all of its 24,184,586 common shares (the "Shares") of Buhler Industries Inc. ("Buhler Industries") and the outstanding indebtedness (the "Debt") of Buhler Industries owed to Rostselmash, to Başak Traktör Tarim Ziraat Ve Iş Makinalari Sanayi Ticaret A.Ş., which is a wholly-owned subsidiary of ASKO Holding (collectively, the "Transaction"). The total consideration payable is CAD$60.5 million with approximately CAD$27.9 million in aggregate to be paid for the Shares (or approximately CAD$1.15 per Share), approximately CAD$4.1 million in transaction costs and the remainder attributed to the purchase price for the Debt and certain other payments related to intellectual property transfers agreed to between the parties. The purchase price for the Shares is subject to certain adjustments.

WINNIPEG, MB, Dec. 20, 2023 /CNW/ - Buhler Industries Inc. ("Buhler Industries" or the "Company") (TSX: BUI) and ASKO Holding ("ASKO Holding") are pleased to announce that Başak Traktör Tarim Ziraat Ve Iş Makinalari Sanayi Ticaret A.Ş. ("Başak Traktör"), which is a wholly-owned subsidiary of ASKO Holding, has entered into a definitive agreement (the "Agreement") to purchase all of the common shares ("Shares") of the Company owned by Combine Factory Rostselmash Ltd. ("Rostselmash"). The Shares to be acquired by Başak Traktör represent approximately 97% of all of the outstanding Shares. In add

WINNIPEG, MB, Dec. 15, 2023 /CNW/ - Buhler Industries Inc. (TSX: BUI) (the Company) is pleased to provide an update on its process to identify a long-term investment partner and the status of its credit facilities. The Company and Origin Merchant Partners continue to work to advance the process to identify a long-term investment partner. In contemplation of the progress that the Company has made in identifying a long-term investment partner, the Company's lenders have extended the maturity date of its credit facilities from December 15, 2023 to December 22, 2023. The Company intends to conti

WINNIPEG, MB, Dec. 8, 2023 /CNW/ - Buhler Industries Inc. (TSX: BUI) (the Company) is pleased to provide an update on its process to identify a long-term investment partner and the status of its credit facilities. The Company and Origin Merchant Partners continue to work to advance the process to identify a long-term investment partner. In contemplation of the progress that the Company has made in identifying a long-term investment partner, the Company's lenders have extended the maturity date of its credit facilities from December 8, 2023 to December 15, 2023. The Company intends to continu

WINNIPEG, MB, Dec. 4, 2023 /CNW/ - (TSX: BUI)

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WINNIPEG, MB, Aug. 14, 2023 /CNW/ - (TSX: BUI) 

WINNIPEG, MB, July 27, 2023 /CNW/ - Buhler Industries Inc. (TSX: BUI), a leading agricultural equipment manufacturer under the renowned Versatile and Farm King brands, has engaged the services of Toronto-based Origin Merchant Partners to identify a long-term investment partner. This collaboration represents a significant step forward for the company as it seeks to bolster its position in the agricultural industry and continue its commitment to serving farmers and dealers with high quality farm equipment.

WINNIPEG, MB, June 27, 2023 /CNW/ - Buhler Industries Inc. (TSX: BUI) ("Buhler Industries" or the "Company") ) is pleased to announce that the nominees listed in the management proxy circular dated May 26, 2023, were elected as directors of the Corporation at the Corporation's Annual Meeting of Shareholders held on June 22, 2023. A total of 97.16 percent of outstanding shares were voted. Each of the directors was elected by a majority of the votes cast by shareholders present or represented by proxy at the meeting. The results of the vote are set out in the following table:

WINNIPEG, MB, May 15, 2023 /CNW/ - (TSX:BUI)

TORONTO, April 17, 2023 /CNW/ - Trading resumes in:

WINNIPEG, MB, April 17, 2023 /CNW/ - Buhler Industries Inc. (TSX: BUI) ("Buhler Industries" or the Company") announces that it has closed the sale of two properties located in Fargo, North Dakota and Vegreville, Alberta.  The Company identified the properties as "Assets held for sale" on its balance sheet. In addition, Buhler Industries completed the sale and leaseback of its Woodstock, Ontario property.  Buhler Industries has the option to lease the Woodstock property for up to five years.

TORONTO, April 17, 2023 /CNW/ - The following issues have been halted by IIROC:

WINNIPEG, MB, March 31, 2023 /CNW/ - (TSX: BUI)

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Unparalleled Whole Machine IoT and Telematics Deliver Preeminent Off-Highway Monitoring, Management, and Diagnostics Solution

WINNIPEG, MB, Nov. 14, 2022 /CNW/ - (TSX: BUI)

WINNIPEG, MB, Nov. 14, 2022 /CNW/ - (TSX: BUI)

WINNIPEG, MB, Nov. 2, 2022 /CNW/ - Buhler Industries Inc. (TSX: BUI) ("Buhler Industries" or the Company") announces today that its subsidiary, Buhler Versatile Inc. ("Buhler Versatile"), has received a Statement of Claim filed in the Manitoba Court of Kings's Bench from PFG Australia PTY Ltd. ("PFG"). In the Statement of Claim, PFG alleges that Buhler Versatile has failed to comply with certain contractual obligations to deliver certain manufactured equipment to PFG. PFG is claiming damages in the amount of $41 million in Australian Dollars (approximately $35.6 million in Canadian Dollars)

Cummins Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI), a leading tractor manufacturer under the Versatile brand, announced today that they have signed a letter of intent and plans to integrate the Cummins 15-liter hydrogen engines in Versatile’s equipment to lead the decarbonization of the agriculture market.

WINNIPEG, MB, Aug. 12, 2022 /CNW/ - (TSX: BUI)

WINNIPEG, MB, July 12, 2022 /CNW/ - Buhler Industries Inc. (TSX: BUI) ("Buhler Industries" or the "Company") ) is pleased to announce that the nominees listed in the management proxy circular dated May 26, 2022, were elected as directors of the Corporation at the Corporation's Annual Meeting of Shareholders held on June 22, 2022. A total of 97.2 percent of outstanding shares were voted. Each of the directors was elected by a majority of the votes cast by shareholders present or represented by proxy at the meeting. The results of the vote are set out in the following table:

Elevāt customizes IoT application platform to meet the specific requirements of agricultural machinery manufacturer and its customers.

WINNIPEG, MB, May 13, 2022  /CNW/ - (TSX: BUI)

WINNIPEG, MB, March 31, 2022 /CNW/ - (TSX: BUI)

WINNIPEG, MB, March 2, 2022 /CNW/ - Buhler Industries Inc. (TSX: BUI) continues to strongly oppose the decisions of the Russian Federation and stands with the people of Ukraine. In light of the current situation, the Company has made several changes to the Board of Directors to align the organization with the values of the Canadian-based leadership team.

WINNIPEG, MB, Dec. 22, 2021 /CNW/ - Pursuant to the early warning requirements of applicable Canadian securities laws, Combine Factory Rostselmash Ltd. (the "Purchaser") announces that it has purchased additional common shares ("Buhler Industries Shares") of Buhler Industries Inc. ("Buhler Industries"). The Purchaser acquired an aggregate of 4,083,886 Buhler Industries Shares at a price of $3.00 per Buhler Industries Share (the "Sale Price") for an aggregate purchase price of $12,251,658 (the "Acquisition"). The Purchaser acquired the Buhler Industries Shares pursuant to a private agreement

WINNIPEG, MB, Nov. 12, 2021 /CNW/ - (TSX: BUI)

WINNIPEG, MB, Aug. 12, 2021 /CNW/ - (TSX: BUI)

WINNIPEG, MB, July 21, 2021 /CNW/ - (TSX: BUI)

WINNIPEG, MB, May 14, 2021 /CNW/ - (TSX: BUI)

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WINNIPEG, MB, Feb. 12, 2021 /CNW/ -

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WINNIPEG, March 14, 2019 /CNW/ - Buhler Industries Inc (TSX: BUI), a leading manufacturer of machinery distributed under the Versatile and Farm King brands, has entered into an original equipment manufacturer (OEM) agreement with Kubota Corporation to develop and produce a new tractor platform in the mid-range front-wheel assist segment.

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WINNIPEG, July 28, 2017 /CNW/ - Buhler Industries Inc. (Buhler Industries) is pleased to announce that it has entered into a new three-year credit facility with CIBC. The new asset-based lending facility has an authorized amount of $50,000,000 subject to a maximum draw and based on a borrowing base calculated as a percentage of eligible accounts receivable and inventory. The new credit facility replaces the Corporation's previously held credit facility which was paid out in its entirety on July 9, 2017.

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