Alamo Group acquires Bush Hog, LLC

Alamo Group acquired Bush Hog, LLC for 1.7 million unregistered Alamo Group common shares (cash value not disclosed), a transaction completed in October 2009, structured as all stock (1.7 million ALG shares) plus assumed operating liabilities.

Bush Hog, LLC is based in Selma, Alabama, USA, had revenue of about approximately $160 million (2008). Alamo completed its acquisition of substantially all the assets of Bush Hog, LLC on October 22, 2009, issuing 1.7 million unregistered shares of Alamo Group common stock and assuming certain operating liabilities but no funded debt. Bush Hog, the leading maker of agricultural rotary cutters and finishing mowers in North America, had revenue of about $160 million in 2008.

Alamo said combining Bush Hog's product line with its Rhino, Schulte, Spearhead, Bomford, McConnel and Twose brands created the largest manufacturer of agricultural mowers in the world.

consolidated with Rhino / Bush Hog operations in Selma, Alabama

This is a great opportunity for Alamo Group. The combination of Bush Hog's product line with Alamo Group's range of agricultural mowers creates the largest manufacturer of agricultural mowers in the world.Ron Robinson, President and CEO, Alamo Group

Advisory firms were not disclosed for this transaction.

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