Morbark Adds Denis Cimaf
By Mike Osenga04 January 2019
Morbark, LLC, Winn, Mich., announced it has completed the acquisition of Denis Cimaf, Inc., Roxton Falls, Québec. Morbark said 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 offered to their customers.
Founded in 1998, Denis Cimaf specializes in the development of brush cutter-mulcher attachments for excavators, skid-steer loaders, forestry tractors, graders and other types of heavy 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.
Benjamin-Pierre and Simon Denis, sons of Denis Cimaf founders, Laurent Denis and Monique Vaillancourt, will continue to lead the Denis Cimaf team. Further, Morbark will operate Denis Cimaf as a new division maintaining its brand identity. Denis Cimaf’s management team will continue to manage its operations.
The transaction is the second acquisition since private equity firm Stellex Capital Management LP acquired Morbark in 2016. The acquisition of Rayco, which was acquired in October 2017 added a line of stump cutters, aerial trimmers, forestry mulchers and crawler trucks.
Dave Herr, Morbark chief executive officer said, “Denis Cimaf’s line of attachments are complementary to our current tree care and industrial product lines. In fact, Denis Cimaf mulcher heads have been an available option on our Rayco carriers for many years.”