Lindsay Corporation Acquires 49.9% Minority Stake in Pessl Instruments
January 6, 2025
Lindsay Corporation completed the acquisition of a 49.9% minority interest in Austria-based Pessl Instruments (METOS/FieldClimate), forming a closer strategic partnership to integrate Pessl's sensor hardware and FieldClimate software with Lindsay's FieldNET irrigation management platforms. The minority investment is intended to accelerate AgTech innovation, enable integrated data-driven agronomic solutions, and support future AI-based product development; Lindsay retains an option to acquire the remainder of Pessl at a later date.
- Buyers
- Lindsay Corporation
- Targets
- Pessl Instruments GmbH
- Industry
- Agriculture
- Location
- Styria, Austria
- Transaction Type
- Growth capital
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