Lindsay Corporation Acquires Elecsys Corporation

January 23, 2015

Lindsay Corporation (NYSE: LNN) completed the acquisition of Elecsys Corporation (NASDAQ: ESYS) on January 23, 2015, paying $17.50 per share in cash. Elecsys — a provider of machine-to-machine (M2M) technology and custom electronic systems headquartered in Olathe, Kansas — will continue to be operated by its existing management and will support Lindsay's strategy to expand advanced water-management and M2M capabilities.

Buyers
Lindsay Corporation
Targets
Elecsys Corporation
Sellers
Elecsys shareholders
Industry
Manufacturing
Location
Kansas, United States
Transaction Type
Buyout

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