Rocky Mountain Dealerships Inc. (TSX: RME, OTCQX: RCKXF) Announces Completion of Acquisition of Murray's Farm Supplies

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[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Feb. 1, 2013 /CNW/ - Rocky Mountain Dealerships Inc. (\"Rocky\"),\n announced today that it has completed its previously announced\n agreement to purchase 100% of the issued and outstanding shares of MJ\n Solomon Ltd., operating as \"Murray's Farm Supplies\" (\"Murray's\").\n\n\nFor the most recent fiscal year, Murray's had revenues of approximately\n $15 million.  Murray's operates two stores located in Shoal Lake and\n Russell, Manitoba, and is a dealer of various agriculture short-lines\n including Bourgault, MacDon and Kubota.  This acquisition was completed\n through existing cash and credit facilities.\n\n\nOn completing this acquisition, Rocky's CEO Matt Campbell stated, \"Rocky\n views Murray's as a strategic acquisition. Murray's short-line brand\n profiles complement our current Case IH stores in the region and\n provide our customers with the broad range of products and knowledge\n that they expect from a dependable partner.  We look forward to serving\n new and existing customers in this important agricultural region.\"\n\n\nAbout Rocky\n\n\nRocky is one of Canada's largest agriculture and construction equipment\n dealership networks with branches located throughout Alberta,\n Saskatchewan and Manitoba. Through its network of Rocky Mountain\n Equipment locations, Rocky sells, rents, and leases new and used\n construction and agriculture equipment and offers product support and\n finance to its customers.\n\n\nAdditional information on Rocky is available at www.rockymtn.com and on SEDAR at www.sedar.com.\n\nSOURCE: Rocky Mountain Dealerships Inc.\n\n\n Rocky Mountain Dealerships Inc. Matt Campbell, Chief Executive Officer; Garrett Ganden, Chief Operating Officer; or David Ascott, Chief Financial Officer #301, 3345 - 8th Street S.E. Calgary, Alberta T2G 3A4 Telephone: (403) 265-7364, Fax (403) 214-5644 \n","length":2326,"tagName":"div"}]

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