About This Deal

Alamo Group acquired Kellands Agricultural Ltd. (and Multidrive Tractors Ltd.), a transaction completed in April 2014.

Kellands Agricultural Ltd. (and Multidrive Tractors Ltd.) operates in Agricultural / Europe, is based in United Kingdom. Alamo acquired U.K.-based Kellands Agricultural Ltd. and its subsidiary Multidrive Tractors Ltd. in 2014 (April 2). Kellands makes self-propelled sprayers and multi-purpose load-carrying tractor vehicles; its products are now sold under the McConnel brand.

Enhanced Alamo's European agricultural machinery and let it enter the self-propelled sprayer market.

Deal Terms

Acquirer
Alamo Group
Target
Kellands Agricultural Ltd. (and Multidrive Tractors Ltd.)
Value
Not disclosed
Date
April 2014
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
United Kingdom
Segment
Agricultural / Europe
Announced
April 2, 2014
Closed
April 2, 2014

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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