M&A Deal Summary

Alamo Group Acquires Santa Izabel Agro Industria LTDA

On May 2, 2017, Alamo Group acquired machinery company Santa Izabel Agro Industria LTDA from Soufer Industrial

Acquisition Highlights
  • This is Alamo Group’s 8th transaction in the Machinery sector.
  • This is Alamo Group’s 2nd transaction in Brazil.

M&A Deal Summary

Date 2017-05-02
Target Santa Izabel Agro Industria LTDA
Sector Machinery
Buyer(s) Alamo Group
Sellers(s) Soufer Industrial
Deal Type Divestiture

Target

Santa Izabel Agro Industria LTDA

São João da Boa, Brazil
Santa Izabel Agro Industria LTDA designs, manufactures and markets a variety of agricultural implements and trailers sold throughout Brazil. Santa Izabel has been serving this market for over 60 years.

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Buyer(S) 1

Buyer

Alamo Group

Seguin, Texas, United States

Category Company
Founded 1955
Sector Machinery
Employees4,350
Revenue 1.7B USD (2023)
DESCRIPTION
Entrance to Alamo Group's corporate headquarters in Seguin, Texas.
Entrance to Alamo Group's corporate headquarters in Seguin, Texas.

Alamo Group engages in the design, manufacture, distribution and service of equipment for right-of-way maintenance and agriculture needs. Alamo Group was incorporated in 1955 and is based in Sequin, Texas.


DEAL STATS #
Overall 9 of 15
Sector (Machinery) 8 of 11
Type (Divestiture) 2 of 3
Country (Brazil) 2 of 2
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-08 Old Dominion Brush

Richmond, Virginia, United States

Old Dominion Brush Co., Inc. is a manufacturer and seller of replacement brooms for street sweepers and leaf vacuum units primarily sold to municipalities, contractors and commercial landscape markets.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-08 R.P.M. Tech

Cap-Santé, Quebec, Canada

R.P.M. Tech, Inc. is a manufacturer of heavy duty snow removal equipment, mainly mechanical snow blowers and associated parts. R.P.M. Tech, Inc. was established in 1962 and is based in Cap-Santé, Quebec.

Buy CA$17M

Seller(S) 1

SELLER

Soufer Industrial

São João da Boa Vista, Brazil

Category Company
Founded 1966
Sector Metals/Mining
DESCRIPTION

Soufer Industrial Ltda. is a manufacturer and marketer of steel products for industrial, agro-industrial, and civil construction industries. The company was founded in 1966 and is based in São João da Boa Vista, Brazil.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Brazil) 1 of 1
Year (2017) 1 of 1