On the Record · Valmont Industries
Valmont Industries acquisitions, on the record
The businesses Valmont Industries bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
HR ProductsWord for word“On August 31, 2023, the Company acquired HR Products for $ 58,044 Australian dollars ($ 37,302 United States (“U.S.”) dollars) in cash (net of cash acquired) and subject to working capital adjustments.” 10-K for 2023 | acquisition | August 31, 2023 | $ 58,044 Australian dollars ($ 37,302 United States ("U.S.") dollars) |
ConcealFabWord for word“On June 1, 2022, the Company acquired approximately 51 % of ConcealFab for $ 39,287 in cash (net of cash acquired).” 10-K for 2023 | acquisition | June 1, 2022 | $ 39,287 |
Convert Italia S.p.A. (remaining 9% not previously owned)Word for word“● Acquisition of the remaining 9% not previously owned of Convert Italia S.p.A. (Infrastructure)” 10-K for 2023 | acquisition | — | — |
Torrent Engineering and EquipmentWord for word“● Torrent Engineering and Equipment in the second quarter of fiscal 2023, which resulted in a gain of $3.0 million.” 10-K for 2023 | divestiture | second quarter of fiscal 2023 | — |
ConcealFab, Inc. (additional 9%)Word for word“In the first quarter of fiscal 2024, the Company acquired approximately 9 % of ConcealFab, Inc. for $ 7,227 and the remaining portion of Valmont Substations, LLC for $ 10,518 .” 10-K for 2024 | acquisition | In the first quarter of fiscal 2024 | $ 7,227 |
George IndustriesWord for word“On November 25, 2024, the Company completed the sale of George Industries, a coatings and anodizing company in California, which was reported in the Infrastructure segment.” 10-K for 2024 | divestiture | On November 25, 2024 | — |
Extractive business (screening products, Australia and New Zealand)Word for word“On October 31, 2024, the Company completed the sale of the extractive business, which included the manufacturing and distribution of screening products to the mining and quarrying sectors in Australia and New Zealand, which was reported in the Infrastructure segment.” 10-K for 2024 | divestiture | On October 31, 2024 | — |
ConcealFab, Inc. (51% initial stake)Word for word“On June 1, 2022, the Company acquired approximately 51 % of ConcealFab, Inc. for $ 39,287 in cash, net of cash acquired.” 10-K for 2024 | acquisition | On June 1, 2022 | $ 39,287 |
Convert Italia S.p.A. (remaining 9%)Word for word“In the third quarter of fiscal 2022, the Company acquired the remaining 9 % of Convert Italia S.p.A. for $ 3,046 .” 10-K for 2024 | acquisition | In the third quarter of fiscal 2022 | $ 3,046 |
Offshore wind energy structures business (Valmont SM, Denmark)Word for word“This included the offshore wind energy structures business, which was reported in the Other segment until its divestiture in the fourth quarter of fiscal 2022.” 10-K for 2024 | divestiture | in the fourth quarter of fiscal 2022 | — |
Solbras Energia Solar do Brasil S.A.Word for word“In the fourth quarter of fiscal 2025, the Company completed negotiations with the noncontrolling interest holders of Solbras Energia Solar do Brasil S.A. to acquire the remaining 45 % ownership interest and entered into a revised shareholder purchase agreement with a final redemption amount of approximately 79,000 Brazilian reais ($ 14,246 U.S dollars).” 10-K for 2025 | acquisition | In the fourth quarter of fiscal 2025 | approximately 79,000 Brazilian reais ($ 14,246 U.S dollars) |
extractive businessWord for word“On October 31, 2024, the Company completed the sale of its extractive business, which included the manufacturing and distribution of screening products to the mining and quarrying sectors in Australia and New Zealand, which was reported in the Infrastructure segment.” 10-K for 2025 | divestiture | On October 31, 2024 | — |
RMDS Innovation, Inc.Word for word“Subsequent to the fourth quarter of fiscal 2025, on January 12, 2026, the Company acquired the remaining 80 % ownership interest in RMDS Innovation, Inc., a Quebec-based technology company, for approximately $ 20,745 Canadian dollars ($ 15,150 U.S. dollars), subject to customary working capital adjustments.” 10-K for 2025 | acquisition | January 12, 2026 | approximately $ 20,745 Canadian dollars ($ 15,150 U.S. dollars) |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $0 | $336.9 million |
| 2017-12-30 | $5.4 million | $3.4 million |
| 2018-12-29 | $143 million | $87.1 million |
| 2019-12-28 | $81.8 million | $42.1 million |
| 2020-12-26 | $15.9 million | $6.1 million |
| 2021-12-25 | $312.5 million | $284.3 million |
| 2022-12-31 | $39.3 million | $42.5 million |
| 2023-12-30 | $32.7 million | $9.2 million |
Deal filings since 2016
- 2025-07-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Valmont Industries’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.