Lindsay agrees to buy Brazil's Setorial Irrigação to widen its irrigation range
Lindsay Corporation has agreed to acquire Setorial Irrigação, a Brazilian maker of hose reel irrigation systems, with closing subject to customary conditions.
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what happened
According to TradingView, Lindsay Corporation, a global maker of irrigation and infrastructure equipment, has signed an agreement to buy Setorial Irrigação, a Brazilian producer of hose reel irrigation systems. Completion depends on standard conditions that are expected to be met in the coming months. The deal is meant to deepen Lindsay's footprint in Brazil's expanding irrigation sector.
Setorial, based in Limeira in São Paulo state, has roughly 30 years in the local market. Besides hose reels, it makes sprinklers, pumps and equipment for moving water and applying effluent. Its buyers include large sugar and ethanol producers as well as small farms and cooperatives.
why it matters
Hose reels are mobile and suit irregular or smaller plots, complementing Lindsay's Zimmatic center pivots. Lindsay already sells hose reel equipment made in France, so the purchase adds products built for local crops. The company said Setorial will keep its brand, team and plant in Limeira, and its founder will stay as CEO.
tags
instruments
sources
- Lindsay Announces Agreement to Acquire Setorial Irrigação, Expanding Global Irrigation Portfolio — TradingView, 22 October 2026 at 18:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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