Alamo Group (NYSE: ALG) completes $166.5M Petersen Industries deal

Rhea-AI Filing Summary

Alamo Group Inc. completed its acquisition of Petersen Industries, Inc. on January 26, 2026. The transaction follows a definitive Membership Interest Purchase Agreement signed on December 10, 2025 through Alamo Group (USA) Inc., a wholly owned subsidiary.

The company acquired 100% of Petersen’s equity interests for total consideration of approximately $166,500,000. The purchase price was agreed on a cash free, debt free basis, subject to post-closing and other closing adjustments. A press release announcing the completion of the Petersen acquisition is included as Exhibit 99.1.

Insights

Industrial M&A and capital allocation analyst

Alamo Group closes a sizable $166.5M bolt-on acquisition.

Alamo Group Inc. has closed the purchase of Petersen Industries for approximately $166,500,000, acquiring 100% of Petersen’s equity through its wholly owned subsidiary Alamo Group (USA) Inc. The deal is structured on a cash free, debt free basis, which typically means the price reflects Petersen’s operating value without assuming its cash or debt.

This kind of structure places emphasis on the underlying business rather than its prior balance sheet, with final economics still subject to closing and post-closing adjustments. The filing does not detail how the acquisition is financed or its expected impact on earnings or margins, so the effect on shareholders depends on information that may be provided in the attached January 26, 2026 press release and in future periodic reports.

FALSE000089707700008970772026-01-262026-01-26

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 26, 2026

Alamo Group Inc.

(Exact name of registrant as specified in its charter)

 

State of Delaware			0-21220			74-1621248
(State or other jurisdiction of incorporation)			(Commission File No.)			(IRS Employer Identification No.)

  

1627 E. Walnut, Seguin, Texas						78155
(Address of Registrant’s principal executive offices)						(Zip Code)

			(830) 379-1480
Registrant's telephone number, including area code:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading symbol(s)			Name of each exchange on which registered
Common Stock, par value $.10 per share			ALG			New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of

the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of

1934 (§240.12b-2 of this chapter).Emerging growth company ☐ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the

extended transition period for complying with any new or revised financial accounting standards provided

pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 2.01 Completion of Acquisition or Disposition of Assets.

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”). The total consideration for the purchase is approximately $166,500,000, subject to certain post-closing adjustments.

On January 26, 2026, the Company completed the acquisition of 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.

Item 9.01    Financial Statements and Exhibits

Exhibit 99.1 – Press Release dated January 26, 2026

Exhibit 104 – Cover Page Interactive Data File - Inline XBRL for the cover page of this Current Report on Form 8-K

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

January 26, 2026			By:  /s/ Edward T. Rizzuti
			Edward T. Rizzuti,
			EVP Corporate Development, Investor Relations & Secretary

FAQ

What transaction did Alamo Group (ALG) complete involving Petersen Industries?

Alamo Group Inc. completed the acquisition of 100% of the equity interests in Petersen Industries, Inc. through its wholly owned subsidiary Alamo Group (USA) Inc.

How much did Alamo Group (ALG) pay to acquire Petersen Industries?

Total consideration for the Petersen acquisition was approximately $166,500,000, on a cash free, debt free basis and subject to post-closing and other closing adjustments.

When did Alamo Group (ALG) sign the agreement to buy Petersen Industries?

Alamo Group entered into the definitive Membership Interest Purchase Agreement to acquire Petersen on December 10, 2025.

On what date did Alamo Group (ALG) close the Petersen acquisition?

The acquisition of Petersen Industries by Alamo Group was completed on January 26, 2026.

How is the Petersen acquisition by Alamo Group (ALG) structured financially?

The purchase price of approximately $166,500,000 was agreed on a cash free, debt free basis, with the final amount subject to certain closing and post-closing adjustments.

Where can investors find more details on Alamo Group’s Petersen acquisition?

Additional information is provided in the press release dated January 26, 2026, which is attached as Exhibit 99.1 to the current report.