Namakor Holdings has acquired CMI Mulching, enhancing its capabilities in the Canadian manufacturing sector of agricultural equipment.

Information on the Target

Namakor Holdings has successfully acquired CMI Mulching Inc., a prominent manufacturer of tracked mulching tractors and stump grinders. Established in the late 1990s, CMI began as a small venture when its founders imported a self-propelled grinder from Europe to enhance their agricultural operations. Their commitment to innovation and quality led to increased demand from oil contractors in Western Canada, placing CMI on the map as a leader in its industry.

CMI has built a strong reputation in a fiercely competitive market, consistently delivering high-performance equipment to professionals in various fields. Under the leadership of Charles Vennat, who will now serve as President and CEO, the company is poised to leverage Namakor’s extensive resources to foster growth and innovation while maintaining its commitment to quality.

Industry Overview in Canada

The manufacturing sector in Canada, particularly in the machinery and equipment domain, plays a critical role in the country’s economy. With advanced technologies and a skilled workforce, Canada has established itself as a key player in the manufactu