GEOPOSITIONING: Brandt to acquire GeoShack Canada, Inteq

[caption id="attachment_1003739358" align="aligncenter" width="350"] GeoShack total station Credit: GeoShack[/caption] REGINA - The Brandt Group has announced that it has reached an agreement with U.S.-based Ultara Holdings to acquire the assets of GeoShack Canada and the Canadian assets of Inteq Distributors. “We are very excited to add this highly respected team along with these key product lines and support services for our customers in Ontario and Quebec,”  Brandt’s CEO, Shaun Semple, said in a release. “GeoShack and Inteq have built an impressive reputation over the years and we're looking forward working with them to build on that strong foundation as we expand our commitment to those markets.” GeoShack is the long-time exclusive supplier for Topcon Positioning Systems equipment in Ontario, and provides sales, service, and rentals of GPS, lasers and survey equipment for the construction, survey, engineering, and agricultural industries. The company also delivers machine control solutions for OEM (original equipment manufacturer) construction and forestry equipment brands. “The combination of the GeoShack team and Brandt's national infrastructure is going to be powerful for Ontario customers,” added Scott Beathard, GeoShack’s president. “We've worked very hard to build strong relationships and a solid operation in the Ontario market over the years and we're completely confident that Brandt will continue to grow the business and provide unmatched value for clients in that market.” A separate agreement has been announced with Topcon Positioning Systems that assigns Brandt distribution rights for the Quebec market and, alongside the GeoShack announcement, will make them the exclusive dealer for Topcon construction and geopositioning products for all of Canada. Inteq Distributors is a complementary business with a Canadian distribution centre in Ontario that sells and services an extensive selection of construction instruments, optical equipment, survey supplies and accessories. In combination with Brandt's pre-existing Topcon footprint in Western and Atlantic Canada, these additions are expected to give Brandt a comprehensive retail footprint to supply premium geopositioning equipment to Canadian construction and forestry contractors, engineering firms and survey companies. This announcement follows Brandt’s 2019 purchase of Nortrax, a John Deere Construction and Forestry dealer for Ontario, Quebec and Newfoundland and Labrador. The agreement is expected to close on Jun. 26. and is subject to due diligence. The Brandt Group of Companies — headquartered in Regina— includes Brandt Agricultural Products, Brandt Positioning Technology and Brandt Mineral Technology and is the world's largest privately-owned John Deere Construction and Forestry equipment dealer. Brandt has over 100 locations in Canada and the U.S., and serves the construction, forestry, agriculture, rail, mining, steel, and energy industries. For more information, visit www.Brandt.ca.