Fernandez Holdings Acquires 14 John Deere Construction & Forestry Stores from Nortrax and Schmidt Equipment to Form United Construction & Forestry

September 1, 2021

Fernandez Holdings Inc. acquired 14 John Deere construction and forestry stores—nine locations from Nortrax Inc. (in Maine, New Hampshire, Vermont and New York) and five locations from Schmidt Equipment Inc. in Massachusetts—and is operating the combined business as United Construction & Forestry LLC. The founder-funded investment firm said it will invest in facilities, operations and talent to expand John Deere construction and forestry services and support across the Northeast.

Buyers
Fernandez Holdings Inc., United Construction & Forestry LLC
Targets
Nortrax Inc. (9 John Deere construction & forestry stores), Schmidt Equipment Inc. (5 John Deere construction & forestry stores)
Sellers
Nortrax Inc., Schmidt Equipment Inc.
Platforms
United Construction & Forestry LLC
Industry
Retail
Location
United States
Transaction Type
Addon

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