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ALAMO GROUP INC. COMPLETES ACQUISITION OF PETERSEN INDUSTRIES
The acquisition expands Alamo Group's specialized truck-mounted grapple loader portfolio to better serve municipal and industrial customers, strengthening market reach.
- On Jan. 26, 2026, Alamo Group Inc. completed the acquisition of Petersen Industries in SEGUIN, Texas, which builds specialized truck-mounted grapple loader equipment for municipal and industrial customers.
- The signing announced on December 10, 2025, showed Alamo Group Inc. aims to strengthen Petersen Industries' market position and expand sales using its channel network.
- Alamo Group Inc. operates 27 plants in North America, Europe, Australia, and Brazil, and its product range spans vacuum trucks, hydro-excavator machines, street sweepers, and aftermarket parts, as of December 10, 2025.
- Robert Hureau, Alamo Group's President and Chief Executive Officer, welcomed Petersen Industries staff and said the acquisition will strengthen Petersen's market position and product innovation.
- The release included forward-looking statements under the Private Securities Litigation Reform Act of 1995 and listed risks such as adverse economic conditions, supply chain disruptions, labor constraints, and unanticipated acquisition results in its Company SEC risk disclosures.
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ALAMO GROUP INC. COMPLETES ACQUISITION OF PETERSEN INDUSTRIES
SEGUIN, Texas, Jan. 26, 2026 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG), a leading global manufacturer of high-quality industrial and vegetation management equipment, today announced that it has completed the acquisition of Petersen Industries, a manufacturer of specialized truck-mounted grapple…
·Parsons, United States
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Leaning Left0Leaning Right1Center11Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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