Home/Filings/8-K/0000897077-26-000002
8-K//Current report

ALAMO GROUP INC 8-K

Accession 0000897077-26-000002

$ALGCIK 0000897077operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 4:36 PM ET

Size

167.3 KB

Accession

0000897077-26-000002

Research Summary

AI-generated summary of this filing

Updated

Alamo Group Completes Acquisition of Petersen Industries for $166.5M

What Happened
Alamo Group Inc. announced it completed the acquisition of Petersen Industries, Inc. The Company, through its wholly owned subsidiary Alamo Group (USA) Inc., entered a definitive Membership Interest Purchase Agreement on December 10, 2025, and closed the transaction on January 26, 2026. Total consideration paid was approximately $166,500,000 on a cash‑free, debt‑free basis, subject to certain post‑closing adjustments.

Key Details

  • Acquisition agreement signed: December 10, 2025.
  • Transaction closed: January 26, 2026.
  • Purchase price: ~ $166,500,000 (cash‑free, debt‑free), subject to closing adjustments.
  • Purchaser: Alamo Group (USA) Inc., a wholly‑owned subsidiary of Alamo Group Inc.; seller: owners of Petersen Industries.

Why It Matters
This 8‑K reports a material acquisition by Alamo Group that may expand the company’s product offerings, market reach or capabilities (depending on Petersen’s business). The cash consideration and structure (cash‑free, debt‑free) are important for assessing near‑term cash needs and potential impacts on Alamo’s balance sheet. Investors should watch for future disclosures (earnings, pro forma financials or integration updates) that quantify how the acquisition affects revenue, margins and cash flow.