Alamo Group Inc completed its acquisition of Petersen Industries, Inc. on 2026-01-26, according to the Form 8-K Alamo Group Inc filed with the SEC on 2026-01-26. The filing states a price of $166.5 million.
| Acquirer | Alamo Group Inc |
|---|---|
| Acquired | Petersen Industries, Inc. |
| Completed | 2026-01-26 |
| Price stated in the filing | $166.5 million |
| Reported by | Alamo Group Inc (ALG), the buyer |
| Filing | Form 8-K, filed 2026-01-26 |
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What the filing says
On January 26, 2026, the Company completed the acquisition of Petersen.
The price, in the filing's words
The total consideration for the purchase is approximately $166,500,000, subject to certain post-closing adjustments.
More from the filing
On December 10, 2025, Alamo Group Inc. (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").
Total consideration paid was approximately $166,500,000 on a cash free, debt free basis, subject to certain closing adjustments.
The Company's press release announcing the completion of the Petersen acquisition is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Quoted from Alamo Group Inc's Form 8-K.
This is the only completed acquisition Alamo Group Inc reported under Item 2.01 in the last twelve months.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.