US EditionPublished • loading... • Updated
ALAMO GROUP INC. TO ACQUIRE PETERSEN INDUSTRIES, EXPANDING ITS INDUSTRIAL EQUIPMENT PRODUCT OFFERING
Alamo Group will pay roughly $150 million to acquire Petersen Industries, expanding its industrial equipment line with market-leading grapple truck loaders.
- On December 10, 2025, Alamo Group Inc. signed a definitive agreement to acquire Petersen Industries, Inc. for $166.5 million in Seguin, Texas.
- Petersen Industries, founded more than 65 years ago, leads the market in truck-mounted grapple loaders and has driven bulky-waste innovation for municipalities and public works departments.
- Financial filings show Petersen achieved approximately $75 million revenue in 2024, and the deal values it at about 7.9x EBITDA before synergies, with a $150 million present-value purchase price.
- Alamo Group engaged D.A. Davidson & Co. as financial advisor and Dykema Gossett PLLC as legal advisor, financing the purchase with cash and credit facility, aiming to close in first quarter of 2026.
- Alamo expects the acquisition to be accretive to its growth and margins, delivering recurring aftermarket revenue while warning that risk factors listed in Alamo's disclosures include integration, supply-chain and geopolitical issues.
Insights by Ground AI
16 Articles
16 Articles
Mason City Globe Gazette+14 Reposted by 14 other sources
ALAMO GROUP INC. TO ACQUIRE PETERSEN INDUSTRIES, EXPANDING ITS INDUSTRIAL EQUIPMENT PRODUCT OFFERING
SEGUIN, Texas, Dec. 10, 2025 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG), a leading global manufacturer of high-quality industrial and vegetation management equipment, today announced that it has signed a definitive agreement to acquire Petersen Industries, Inc. ("Petersen"), an innovative…
Coverage Details
Total News Sources16
Leaning Left1Leaning Right0Center7Last UpdatedBias Distribution87% Center
Bias Distribution
- 87% of the sources are Center
87% Center
13%
C 87%
Factuality
To view factuality data please Upgrade to Premium
