Alamo Group Closes Petersen Industries Acquisition

Alamo Group Inc. reported that it entered into a definitive agreement to acquire Petersen Industries, a leader in grapple equipment serving bulky waste end markets, and that the transaction successfully closed in January 2026.

In its 2025 results, Alamo also discussed continued manufacturing footprint optimization and an accelerated M&A engine as part of its transition plan. For fiscal year 2025, Alamo reported net sales of $1,603.7 million, adjusted EBITDA of $216.9 million, and operating cash flow of $177.5 million.