Alamo announced that effective April 6, 2015, Richard H. Raborn will be joining the company as its executive vice president, North American Agricultural Division.
Alamo Group Inc. announced that it has completed the previously announced acquisition of the operating units of Specialized Industries, LP, a portfolio Company of ELB Capital Management, LLC, for a total consideration of approximately $190 million, on a debt free basis and subject to certain post-closing adjustments.
Alamo Group Inc. announced today that its European subsidiary Alamo Group Europe Ltd has acquired Kellands Agricultural Ltd. and its subsidiary Multidrive Tractors Ltd. based near Cheltenham, Gloucestershire in England.
Bandit Industries has announced that the company will remain privately owned, in the hands of current owners Jerry Morey, Mike Morey Sr. and Dianne Morey. The three have elected to turn down the offer from Alamo Group Inc., negating Alamo's pending acquisition of Bandit.
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