Väderstad acquires Seed Hawk
Oct. 17, 2013, Langbank, SK - Väderstad, a leading European agricultural equipment manufacturer from Sweden, has acquired the Canadian manufacturer Seed Hawk. The deal brings Väderstad closer to the North American market and opens up new possibilities for both Seed Hawk and Väderstad.
"We see great potential in Seed Hawk. One of the keys to the North American market is local presence, and Tempo, our high-speed precision planter, is a strategically important product for reaching that market. Together with Seed Hawk's product range we increase our chances to succeed for both companies," says Christina Stark, CEO of Väderstad.
Seed Hawk is located in Langbank, Sask., which will continue to be the company's head office and primary production site. It has 250 employees based at its Langbank site. Stark says Seed Hawk sales have increased 700 percent since 2006.
The acquisition will lead to investment in the Langbank factory, and more job opportunities will be created to enable Seed Hawk to grow. The production of Väderstad and Seed Hawk products for the North American market will be located in Langbank for the long term.
The current general manager, Peter Clarke, will become president and CEO. Seed Hawk founder and director, Pat Beaujot, says it will be business as usual for Seed Hawk customers, dealers and suppliers as Seed Hawk will continue to be run with its core management team.
October 17, 2013 By Top Crop Manager