Another three Victorian dealerships have joined Cervus Equipment as Glenmac Sales & Service sells up.
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Cervus has taken over dealerships in Lilydale, Knoxfield and Pakenham
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Cervus Equipment has expanded its dealer footprint in southern Victoria with the acquisition of three John Deere dealerships from Glenmac Sales & Service.
An initial agreement was signed between Cervus and Glenmac for the dealerships, which has now been approved following a settlement in late October.
The deal will see Cervus take control of the dealerships in Lilydale, Knoxfield and Pakenham with the company planning to retain the current footprint.
“Cervus Equipment currently has locations to the east and west of Glenmac and this acquisition ties together our dealership network across Southern Victoria,” says Cervus managing director Tim Ormrod.
“We are successful when our customers and team are successful, and we look forward to partnering with these key stakeholders of Glenmac in the future.
“Through the expanded footprint of Cervus Equipment’s network, customers will enjoy unmatched service and support including access to Southern Victoria’s largest
parts inventory and a wide selection of new and pre-owned agricultural, golf and compact construction equipment.”
The acquisition of Glenmac brings to the end 45 years of family ownership of the brand by the Toth family, who started the company in 1976.
Their initial operation began out of an empty bay at a service station in East Burwood but grew over the years to expand to three dealerships and as many as 50 employees.