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TOROMONT ANNOUNCES SALE OF AGWEST LTD.

Newswire.ca - Mon Apr 17, 2023

TSX Stock Symbol: TIH

TORONTO, April 17, 2023 /CNW/ - Toromont Industries Ltd. (TSX: TIH) announced today that it has entered into an agreement for the sale of AgWest Ltd. ("AgWest"), a wholly-owned subsidiary, to Mechan International, part of the Zweegers Equipment Group ("Mechan"), effective May 1, 2023. This Netherlands company, led by CEO Gerrit van der Scheer, has a long association with agricultural equipment including the distribution of Agco and CLAAS products worldwide.

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