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Alamo Group Announces Acquisition Of U.K.-Based Timberwolf Limited

Oct 26, 2021•about 4 years ago

Acquiring Company

Alamo Group

Acquired Company

Timberwolf Limited

Agriculture And FarmingManufacturing

Description

Alamo Group Inc. (NYSE: ALG) today announced that it has acquired 100% of the outstanding capital shares of Timberwolf Limited ("Timberwolf") in the U.K. Timberwolf's 2021 fiscal year sales were approximately £15 million (US$ 21 million).

Company Information

Company

Alamo Group

About

Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 4,070 employees and operates 27 plants in North America, Europe, Australia and Brazil as of June 30, 2021. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed