secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0000897077-25-000122
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707725000122/0000897077-25-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707725000122/alg-20251210.htm
  HTML page:      https://secwatch.observer/filing/0000897077-25-000122

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