Agreement includes expansion of Canadian territories
LIVERMORE, Calif. – June 3, 2020 – Topcon Positioning Systems announces its longtime distribution partner, The Brandt Group of Companies, has reached an agreement with U.S.-based Ultara Holdings, Inc. to acquire the Canadian assets of GeoShack, Inc. and Inteq Distributors, subject to due diligence, effective June 1.
Jamie Williamson, Topcon executive VP and GM of the Construction and Retail groups, said, “I am very excited with the additions of Ontario and Quebec to Brandt operations. With a wealth of experience in service and support, as well as training second to none, Brandt will be perfectly positioned to provide locally-based, regional, national and multinational clients with the complete portfolio of Topcon Construction and GeoPositioning offerings — now, coast to coast.
“I would like to thank and acknowledge GeoShack for the hard work they’ve put in over the last 15 years to provide an excellent market presence and foundation that can be leveraged to build upon into the future.”
“The territorial expansion of the Brandt operation will scale our presence and penetration in Canada,” said Eduardo Falcon, executive VP and GM of the Topcon GeoPositioning group. “We are appreciative of GeoShack’s long presence in these markets and expect to continue working with their management team in the expansion of other regions in the U.S.”
Shaun Semple, Brandt CEO, said, “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. 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 longtime supplier for Topcon Positioning Systems equipment in Ontario, providing sales, service, and rentals of GPS, lasers, survey equipment, and more for the construction, survey, engineering, and agricultural industries. The company also delivers comprehensive machine control solutions for all OEM construction and forestry equipment brands.
Inteq Distributors is a complementary business with a Canadian distribution center in Exeter, 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 will give Brandt a comprehensive retail footprint to supply premium geopositioning equipment to Canadian construction and forestry contractors, engineering firms and survey companies and will further establish the firm’s position as a premier privately-held Canadian company.
The agreement is expected to close on June 26, 2020.
About Brandt Group of Companies
The Brandt Group of Companies — headquartered in Regina, Saskatchewan, Canada — is comprised of Brandt Agricultural Products, Brandt Engineered Products, Brandt Equipment Solutions, Brandt Road Rail, Brandt Positioning Technology, Brandt Truck Rigging & Trailers, Brandt Finance, Brandt Developments Ltd., Brandt Road Technology, Brandt Mineral Technology, and Brandt Tractor Ltd. — the world’s largest privately-owned John Deere Construction & Forestry equipment dealer. Brandt has over 100 locations in Canada and the U.S., over 3,400 employees, and a growing international audience; serving the construction, forestry, agriculture, rail, mining, steel, and energy industries with unique custom products. Brandt is one of Canada’s largest privately owned companies and is among an elite group of Platinum Club members of Canada’s Best Managed Companies.
About Topcon Positioning Group
Topcon Positioning Group, always one step ahead in technology and customer benefits, is an industry leading designer, manufacturer and distributor of precision measurement and workflow solutions for the global construction, geospatial and agriculture markets. Topcon Positioning Group is headquartered in Livermore, California, U.S. (topconpositioning.com, LinkedIn, Twitter, Facebook). Its European head office is in Capelle a/d IJssel, the Netherlands. Topcon Corporation (topcon.com), founded in 1932, is traded on the Tokyo Stock Exchange (7732).