| NEW YORK, April 17
NEW YORK, April 17 MacDon Industries Ltd, one of
North America's largest manufacturers of windrowers, is looking
for a buyer in a deal that could fetch around $1 billion, four
people familiar with the matter said on Wednesday.
The Canadian family-owned company, based in Winnipeg,
Manitoba, makes machinery used to harvest various agricultural
products such as cereal grains, oilseeds, rice and soybeans.
MacDon is being advised by Goldman Sachs Group on the
auction that is at an early stage, and has drawn initial
interest from private equity firms, two of the people said,
asking not to be named because the matter is confidential.
MacDon began in 1949 as Killbery Industries Ltd, a
manufacturer of agricultural equipment including sprayers, grain
augers, discer seeders, cultivators and manure spreaders.
It was renamed MacDon following the company's acquisition by
the MacDonald family in 1971, according to its website.
Representatives for MacDon did not respond to requests for
comment. Goldman declined to comment.