Lindsay to Acquire Setorial Irrigacao to Expand Irrigation Market Outreach in Brazil

03:06 PM EDT, 10/22/2026 (MT Newswires) -- Lindsay (LNN) said Thursday it will acquire Setorial Irrigacao to bolster its presence in Brazil's irrigation market by expanding its portfolio of mechanized irrigation offerings. Upon closing, the Brazilian manufacturer of hose reel irrigation systems will continue operating under its existing brand, with its current team and manufacturing unit in Limeira, according to a statement. Setorial CEO Diomedes Pellegrini Tamani will also continue to lead the business, according to the company. Price: 109.97, Change: +3.38, Percent Change: +3.17