Canarm LTD. Announced Acquisition Of Faromor LTD.

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Canarm Ltd. today acquired Faromor Ltd., a leading manufacturer of natural ventilation systems based in Shakespeare, Ontario. The two companies have shared a close relationship over the years and with this acquisition, will combine their product lines to bring the best of both to the agricultural ventilation industry.

This move provides Canarm AgSystems, a business unit of Canarm Ltd. in Brockville, Ontario, with a huge strategic competitive advantage. By acquiring Faromor, we gain the necessary resources to solidify our position as a global leader in innovative ventilation solutions for the agricultural industry. Not only will we be able to offer more comprehensive and complete ventilation packages, but our newly combined, dedicated group of industry experts will now be able to anticipate, develop and supply advanced ventilation solutions for livestock producers in all agricultural sectors.

Faromor has a rich history dating back to 1978 when it began manufacturing and marketing natural ventilation systems for the agricultural industry. Today, Faromor has become an icon for natural ventilation systems worldwide, by strongly promoting and emphasizing product development, improvement and continually adding to their product offering.

Canarm AgSystems is an Arthur, Ontario based manufacturer of ventilation, housing and technology solutions for barns. Financially strong, uniquely diverse and proudly Canadian, Canarm AgSystems has been a trusted supplier to hog, dairy and poultry farmers for 80 years, providing animal-housing solutions from the simplest penning to the most technologically advanced systems.

We are excited for this step forward in our vision to become a recognized leader in agricultural ventilation serving the dairy, swine, poultry and other agricultural markets and providing a proven solution for any farm anywhere.

Faromor will continue to operate from their Shakespeare, Ontario facility with the same people and quality workmanship that you have come to depend on over the years.

For further information, please contact:

Canarm AgSystems – Call 1-800-265-1833 (Canada) or 1-800-267-4427 (USA) or email us at agsales@canarm.ca

Faromor Ltd. – Call 1-800-960-4002 or email info@faromor.com

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