Alamo Group completes acquisition of Petersen Industries for ~$166.5M

ALAMO GROUP INC

Acquired 100% of Petersen Industries for approx $166.5M cash-free, debt-free, subject to closing adjustments.
Petersen manufactures specialized truck-mounted grapple loader equipment for municipal and industrial customers.
CEO Robert Hureau says they will leverage Alamo's channel network to strengthen Petersen's market position.
Deal was previously announced on Dec 10, 2025 and closed on Jan 26, 2026.
Consideration paid via Membership Interest Purchase Agreement through subsidiary Alamo Group (USA) Inc.

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