Lindsay Corporation agrees to buy Brazil's Setorial Irrigação
Lindsay Corporation has agreed to acquire Setorial Irrigação, a Brazilian maker of hose reel irrigation equipment. Closing depends on customary conditions.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Lindsay Corporation has agreed to acquire Setorial Irrigação, a Brazilian manufacturer of hose reel irrigation systems. Closing is subject to customary conditions and is expected in the coming months. According to TradingView, which cites Lindsay's press release distributed by BusinessWire, the financial terms of the deal have not been disclosed.
The acquisition expands Lindsay's irrigation portfolio and strengthens its footprint in Brazil. Setorial will keep its brand and team, which should reduce integration risk. No immediate revenue impact is expected until the transaction closes.
why it matters
This is a small corporate event affecting one equipment maker rather than the broader market. Investors in LNN will be watching for disclosed deal value and the expected contribution to revenue and earnings after closing.
tags
instruments
sources
- Lindsay Corporation (LNN) To Acquire Brazil’s Setorial Irrigação — TradingView, 22 October 2026 at 18:52 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗