Alamo Group to acquire Petersen Industries for $166.5M, expanding industrial equipment line

ALAMO GROUP INC

Purchase price of $166.5M (~$150M tax-adjusted); represents ~7.9x EBITDA before synergies.
Petersen generated ~$75M revenue in 2024; market leader in truck-mounted grapple loaders for bulky waste.
Transaction expected to close in Q1 2026, subject to HSR and customary conditions.
Financed with cash on hand and credit facility; acquisition expected to be accretive to margins and growth.
Petersen will become part of Alamo Group's Industrial Equipment Division; operations to continue in Lake Wales, FL.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ALAMO GROUP INC entered into Membership Interest Purchase Agreement with Petersen Industries, Inc. valued at approximately $166,500,000 (effective 2025-12-10).

Action: entry
Agreement: asset purchase
Counterparty: Petersen Industries, Inc.
Value: approximately $166,500,000
Effective: 2025-12-10

Exact text from the filing

On December 10, 2025, Alamo Group Inc. (the “Company”) issued a press release announcing that the Company, through Alamo Group (USA) Inc., a wholly-owned subsidiary of the Company, entered into a definitive Membership Interest Purchase Agreement ("Purchase Agreement") to acquire 100% of the equity interests in Petersen Industries, Inc. (“Petersen”). The total consideration for the purchase is approximately $166,500,000, subject to certain post-closing adjustments.

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Source: SEC EDGAR

accession 0000897077-25-000122

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