(TSX: BUI)

WINNIPEG, MB, April 16, 2025 /CNW/ - Buhler Industries Inc., parent company to the Versatile and Farm King brands, proudly announces the successful completion of its full acquisition by ASKO Sinai ve Teknoloji Üretim Sanayi Ticaret Anonim Şirketi (ASKO), a wholly owned subsidiary of ASKO Holding. This significant milestone concludes a strategic two-phase investment aimed at substantially enhancing Buhler Industries' value and solidifying its position as a leading player in the agricultural manufacturing sector.

(TSX: BUI)

WINNIPEG, MB, March 28, 2025 /CNW/ - Buhler Industries Inc. (the "Company") is pleased to announce that it has completed the amalgamation (the "Amalgamation") of the Company with a wholly-owned subsidiary ("Newco") of ASKO Sinai ve Teknoloji Üretim Sanayi Ticaret Anonim Şirketi ("ASKO") pursuant to the amalgamation agreement (the "Amalgamation Agreement") dated February 11, 2025 between the Company, ASKO and Newco to form the amalgamated corporation which will continue under the name "Buhler Industries Inc." ("Amalco").

(TSX:BUI)

WINNIPEG, MB, Feb. 12, 2025 /CNW/ - Buhler Industries Inc. (the "Company") is pleased to announce that it has executed a definitive Amalgamation Agreement (the "Amalgamation Agreement") with ASKO Sinai ve Teknoloji Üretim Sanayi Ticaret Anonim Şirketi ("ASKO") and a wholly-owned subsidiary of ASKO ("Newco") pursuant to which the Company would be taken private by way of an amalgamation (the "Amalgamation"). ASKO owns 24,184,586 Class A common shares ("Common Shares") representing approximately 96.7% of the Company's 25,000,000 issued and outstanding Common Shares. Prior to the Amalgamation, ASKO will transfer all of its Common Shares to Newco in exchange for common shares of Newco by way of a share exchange agreement.

(TSX: BUI)

WINNIPEG, MB, Jan. 16, 2025 /CNW/ - The Buhler family, Buhler Industries family, and community are mourning the loss of John Buhler, a beloved entrepreneur and philanthropist, who passed away on December 21, 2024, at the age of 91. His legacy as a hardworking businessman, visionary, and philanthropist who transformed both industry and community will be cherished for generations to come.

John Buhler's remarkable journey began in 1969, when he purchased Standard Engine Gas Works in Morden, Manitoba. Renaming it Farm King Ltd., he began the process of building what would become a significant force in the agricultural machinery industry. His vision and dream of building farm machinery—particularly tractors—came to fruition as he slowly but steadily expanded the company.

(TSX: BUI)

WINNIPEG, MB, Dec. 23, 2024 /CNW/ - Buhler Industries Inc. (Buhler Industries or the Company) is pleased to announce that it has entered into a new credit facility with Citi allowing the Company to borrow up to $60 million with an additional uncommitted accordion of up to $20 million for total availability of up to $80 million. The new asset-based lending facility has a term of three years and is extendable subject to approval by the lenders. The loan is 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 Company's previously held credit facility which was paid out in its entirety in July 2024.

 (TSX: BUI)

WINNIPEG, MB, Nov. 14, 2024 /CNW/ - 

Sales

Revenue for the quarter was up 38.6% coming in at $83.3 million compared with $60.1 million in the prior year third quarter. Revenue for the first nine months of 2024 was $232.8 up $49.0 from 2023. The Company has been successful in improving its supply chain issues and is able to better meet its customer demand for agricultural equipment.

3rd quarter ending

September 30,2024                                  

9 months ending

September, 30,2024

Year  Ago

Year  Ago

Revenue (millions)

$83.3

$60.1

Revenue (millions)

$232.7

$183.7

Net income (millions)

$6.7

$ (1.4)

Net income (millions)

$11.8

$18.8

Net income/share

$0.27

$(0.06)

Net income/share

$0.47

$0.75

Shares issued (millions)

25.0

25.0

Shares issued (millions)

25.0

25.0

 (TSX: BUI)

WINNIPEG, MB, Aug. 14, 2024 /CNW/ - Buhler Versatile Inc. ("Versatile"), a wholly owned subsidiary of Buhler Industries Inc. (Buhler Industries or the Company), is pleased to announce that is has entered into a new $45 million credit facility with Farm Credit Canada (FCC). 

Under the terms of the agreement, FCC will provide a $35 million dollar mortgage to Buhler Industries.  The Company has already drawn $25 million to repay its line of credit of $25 million with CIBC in July.  A further draw of $10 million is for operations and/or the repayment of related party debt.  The mortgage is amortized over a 15-year term and has no principal repayment in the first year. 

WINNIPEG, MB, Aug. 14, 2024 /CNW/ - (TSX: BUI)

Sales

Revenue for the quarter was up 15.9% coming in at $78.3 million compared with $67.6 million in the prior year second quarter. Revenue for the first six months of 2024 was $149.4 up $25.8 from 2023. The Company has been successful in improving its supply chain issues and, continues to enjoy strong demand for its products.

2nd quarter ending June 30,2024                                  

6 months ending June 30,2024

Year  Ago

Year  Ago

Revenue (millions)

$78.3

$67.6

Revenue (millions)

$149.4

$123.6

Net income (millions)

$7.2

$16.1

Net income (millions)

$5.1

$20.2

Net income/share

$0.29

$0.64

Net income/share

$0.20

$0.81

Shares issued (millions)

25.0

25.0

Shares issued (millions)

25.0

25.0