Construction M&A » By The Online Investor Staff, updated Thu., May. 2, 1:08 AM
Recent mergers and acquisitions in the Construction M&A category.
Slide #12. Alamo Group Inc. — Kellands Agricultural Ltd. and Multidrive Tractors Ltd.
Acquirer: |
Alamo Group Inc. (NYSE:ALG) |
Acquiree: |
Kellands Agricultural Ltd. and Multidrive Tractors Ltd. |
Details: |
Alamo Group Inc. (NYSE: ALG) announced today that its European subsidiary Alamo Group Europe Ltd. has acquired Kellands Agricultural Ltd. and its subsidiary Multidrive Tractors Ltd. based near Cheltenham, Gloucestershire in England. |
Alamo Group is engaged in the design, manufacture and servicing of vegetation management and infrastructure maintenance equipment for governmental, industrial and agricultural use. Co.'s products include tractor mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, and forestry/wood recycling equipment. Co.'s segments are: the Vegetation Management Division, which includes agricultural operations and mowing and forestry/tree care operations; and the Industrial Equipment Division, which includes vocational truck business and other industrial operations such as excavators, vacuum trucks, street sweepers, and snow removal equipment.
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May 2, 2024 1:08 AM Eastern
Strong Buy (4.00 out of 4)
99th percentile
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