Lindsay announces agreement to acquire a minority interest in pessl instruments

Omaha, neb.--(business wire)--lindsay corporation (nyse: lnn), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it has agreed to acquire a 49.9 percent minority interest in austria-based pessl instruments gmbh, with an option to acquire the remainder of the company at a later date. pessl is a leading global provider of advanced agricultural technology solutions under the metos® brand and offers iot hardware and software too.
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