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Lindsay Announces Agreement to Acquire Setorial Irrigação, Expanding Global Irrigation Portfolio

$LNNPress releaseOct 22, 2026, 2:52 PM ETRead the release

Lindsay Corporation agreed to acquire Setorial Irrigação, a leading Brazilian manufacturer of hose reel irrigation systems based in Limeira, São Paulo. The deal complements Lindsay's Zimmatic center pivot business with mobile hose reel technology tailored to Brazilian crops like sugarcane, where hose reels also support vinasse application.

Key figures

Deal terms
closing contingent on customary conditions, expected in upcoming months
Target brand retained
Yes

AI analysis

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