Bandit Industries announced that it has entered into a letter of intent with Alamo Group Inc. (NYSE:ALG) pursuant to which Alamo Group would acquire Bandit Industries. The acquisition contemplated by the letter of intent has received regulatory approval under the Hart Scott Rodino Act. Consummation of the acquisition is subject to certain other pre-closing requirements. The acquisition of Bandit by Alamo would allow Bandit Industries to better capitalize on the rapid growth the company has experienced in the last three years while also preserving the Bandit legacy built over the last 30 years.

Briggs & Stratton Corporation has acquired Tamil Nadu's Premier Power Equipments and Products Pvt Ltd for an approximate value of $3 million or Rs 14.89 crore, the company has said in a statement.

Montana Tractors has signed a rural lifestyle supplier agreement with Kukje Machinery Co., LTD and Branson Tractors USA.