SEGUIN, Texas — Alamo Group (ALG) announced that it has completed the previously announced acquisition of Dutch Power Company B.V. in the Netherlands. The company’s annual sales in 2018 were approximately US $45 million.
Dutch Power designs, manufactures and sells a variety of landscape and vegetation management machines and attachments under several different brand names including Herder, Conver, Roberine, Votex and Precision Makers.
Ron Robinson, Alamo Group’s president and chief executive officer commented, “We are very pleased to have completed our acquisition of Dutch Power. They have several well-respected brands and provide a range of products and market coverage that we expect will complement and enhance our platform for growth by increasing both our product portfolio and our capabilities in the European market. We expect the acquisition to be accretive to our results in 2019.”
Alamo Group designs, manufactures, distributes and services equipment for infrastructure maintenance, agriculture and other applications. The company, founded in 1969, has approximately 3,500 employees and operates 26 plants in North America, Europe, Australia and Brazil as of Dec. 31, 2018.