Texas Company Acquires Local Dealerships

| March 26, 2013 | 11:28 am
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A North Texas agriculture and consumer equipment dealer has purchased two local companies.  Ag-Power, headquarter in McKinney, Tx., confirmed Tuesday that it was acquiring Deems Farm Equipment in Marshall and all Heartland Farm and Lawn dealerships in Missouri.  A representative for Heartland Farm and Lawn could not be reached for comment at this time.  A spokesperson for Deems declined to discuss the deal.

Ag-Power has 12 locations in Texas and Arkansas.  As part of the deal, the company would expand to include a total of five dealerships in Missouri.

We are working to get more information on the deal and will provide an update as soon as it becomes available.

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