Lindsay Agrees to Acquire Setorial Irrigação

TradingKeyOct 22, 2026 7:01 PM

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Lindsay Corporation has agreed to acquire Setorial Irrigação, a Brazilian manufacturer of hose reel irrigation systems, to strengthen its presence in Brazil's growing market. This transaction broadens Lindsay's mechanized irrigation portfolio and creates long-term growth opportunities. The acquisition is subject to customary closing conditions and is expected to be finalized in the upcoming months.

AI-generated summary

Lindsay Corporation (NYSE: LNN) has reached an agreement to acquire Setorial Irrigação, a Brazilian manufacturer of hose reel irrigation systems.

The transaction is expected to strengthen Lindsay’s presence in Brazil’s growing irrigation market. It will also broaden the company’s portfolio of mechanized irrigation solutions and create new opportunities for long-term growth.

Lindsay is a global manufacturer and distributor of irrigation and infrastructure technology. The acquisition remains subject to customary closing conditions, which are expected to be fulfilled in the upcoming months.

This article may include AI-generated content that is human-reviewed, which is for reference and general information purposes only and does not constitute investment advice.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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