Morbark LLC has completed the acquisition of Denis Cimaf Inc., based in Roxton Falls, Québec, Canada. The transaction is Morbark’s second since it was acquired by private equity firm Stellex Capital Management LP in 2016. The acquisition of Rayco Manufacturing in October 2018 brought a lineup of innovative equipment into the Morbark group across multiple product categories, especially Rayco stump cutters, aerial trimmers, forestry mulchers and crawler trucks. The purchase of Denis Cimaf is another step in the company’s strategic focus on broadening the range of tree care and industrial equipment, aftermarket parts and service for its customers.
Founded by Laurent Denis and his wife, Monique Vaillancourt in 1998, Denis Cimaf specializes in the development of brushcutter-mulcher attachments for excavators, skid-steer loaders, forestry tractors, graders and other types of equipment. The company manufactures three main lines of products: the DAH series, industrial mulcher attachments for excavators; the DAF series, attachments for skid-steers and other dedicated carriers; and the EWF series, dedicated hydraulic power packs.
Denis Cimaf celebrated its 20th anniversary in business this past summer.
“The Denis Cimaf team and I are extremely excited to be joining the Morbark family,” said Benjamin Denis, the newly appointed general manager of Denis Cimaf. “Denis Cimaf is a fantastic business with committed and passionate associates, a great track record and enormous global potential. Being part of the Morbark family will enable us to continue to grow the business farther and faster.”
“Denis Cimaf’s line of attachments are complementary to our current tree care and industrial product lines,” said Dave Herr, Morbark CEO. “In fact, Denis Cimaf mulcher heads have been an available option on our Rayco carriers for many years. The company’s patented mulcher head design has enabled them to become the mulcher head attachment of choice among intensive vegetation control, land clearing, roadside transmission lines, pipeline maintenance, and forest fire prevention contractors.”
Benjamin-Pierre and Simon Denis, sons of Denis Cimaf founders, will continue to lead the Denis Cimaf team to develop new products and help improve the company’s existing product lines. Morbark will operate Denis Cimaf as a new division maintaining its brand identity, and its experienced management team will continue to manage operations. Teams from each company will work together to determine how to be more efficient and leverage each other’s strengths.
“The companies have a common entrepreneurial heritage and culture, and this is a great fit with immense potential for growth,” added Herr. “We are anxious to get started.”
Morbark LLC is based in Winn, Mich., and has been manufacturing equipment for more than 60 years.
