Valmont Industries News Release
VALLEY, Neb. & UBERABA, Minas Gerais, Brazil — Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced the purchase of a majority stake in Energia Solar do Brasil (Solbras), a leader in the photovoltaic (PV) energy sector. Effective immediately, the company will go to market under the Valley® brand.
“As the irrigation industry’s worldwide leader, Valmont supplies products that support critical infrastructure, and the Valley brand is the market innovator in irrigation technology,” said Len Adams, President of Valley Irrigation. “This acquisition allows us to expand our product offerings to include not only the most durable and advanced pivots available, but also a sustainable, low-cost energy source to provide power to them, with Valmont Solar™ Solutions.” Read more here.
Valmont Acquires Majority Stake in Convert Italia SpA, a Leading Provider of Solar Tracker Solutions, Valmont Industries News Release, PR Newswire
“The partnership with Convert Italia is an exciting advancement of our strategy to grow market adjacencies in our Utility Support Structures business,” said Stephen G. Kaniewski, President and CEO of Valmont. “Combining their single access tracker technology with our global manufacturing capabilities and utility customer base, allows us to provide an integrated solar tracker solution to utility-scale customers around the world.”