Sask-based Company Buys Lacombe’s Renn Mill Center Inc.

by | Jun 9, 2023 | Acquisition, Business

Saskatchewan-based Degelman Industries LP has purchased Renn Mill Center Inc. (RMC) in Lacombe, Alta., a June 8 news release said. RMC is a global leader in the design and manufacturing of high-quality grain processing and grain bag storage systems.

This is a very exciting opportunity, and we look forward to welcoming RMC as a partner that aligns with our existing culture, as well as our future vision to further propel plans to grow the brand, and position for ongoing opportunities in both local communities and global markets we export to,” Blair Flavel, Degelman’s president, said in the release. 

The acquisition will increase Degelman Industries’ total employee base to over 500. The release noted RMC’s management and employees will stay in place serving dealers and customers. Doug Hilsabeck will remain vice president of RMC and continue to work closely with Degelman.

“This makes both Degelman and RMC more diversified companies while continuing to flourish as innovators and leaders in the agricultural sector on a stand along basis,” Flavel said. 

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