Cervus Equipment Named to Alberta Venture Magazine's 'Fast Growth 50' List
Calgary, Alberta (January 12, 2015)
– Cervus Equipment Corp. (“Cervus”) (TSX: CVL) achieved the no. 20 rank in the January 2015 edition of Alberta Venture magazine’s Fast Growth 50 list. The publication featured the 50 fastest growing companies in Alberta.
“It’s an accomplishment we are very proud of,” said Cervus Equipment President and CEO Graham Drake. “It’s a direct reflection of the hard-work and dedication our employees put into our organization. This wouldn’t have been possible without them.”
Companies were required to submit their financials for the past three years and outline their asset growth, number of employees and profits. Each was ranked based on a weighted point system using seven financial criteria.
In addition to ranking 20th, Cervus was highlighted as the third-largest employer among the list “We look forward to building on this achievement and growing even further,” said Drake.
About Cervus Equipment Corporation
Cervus acquires and operates authorized agricultural, commercial, industrial and transportation equipment dealerships. The company has interests in 75 dealerships in Canada, New Zealand and Australia, employing more than 1,700 people. The primary equipment brands represented by Cervus include John Deere agricultural equipment; Bobcat and JCB construction equipment; Clark, Sellick and Doosan material handling equipment; and Peterbilt transportation equipment. The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".
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