Salford Group, backed by middle-market private equity firm GenNx360 Capital Partners, has bought agricultural products supplier Aerway from SAF-Holland Canada Ltd.
Aerway makes machines that are used to manage soil and grass for the agriculture industry. Salford distributes farming equipment such as spreaders. Saf-Holland makes parts for trucks, buses and tractors. GenNx360, based in New York, has owned Salford since 2013. Earlier in 2015, Salford acquired seed spreader Valmar Airflo.