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Summary
- The Alamo Group will acquire the Dutch Power Company for an undisclosed sum.
- Dutch Power designs and manufactures landscape and vegetation management equipment.
- With the deal, ALG gains a broader product line and deeper penetration of the European market.
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Quick Take
The Alamo Group (ALG) announced it will acquire Dutch Power Company for an undisclosed amount.
Dutch Power manufactures and sells a family of landscape management machines.
ALG is acquiring the firm to increase its product offerings and continue its expansion in the European market.