Lindsay Corp. completes acquisition of Watertronics

Lindsay Corp., a provider of irrigation systems and infrastructure products, completed the acquisition of all outstanding shares of stock of  Watertronics, based in Hartland, Wis. Watertronics designs, manufactures and services water pumping stations and controls for the golf, landscape and municipal markets. 

“Lindsay is pleased to announce the acquisition of Watertronics,” said Rick Parod, Lindsay’s president and CEO. “The addition of Watertronics further enhances our capabilities in providing innovative, turn-key solutions to customers through the integration of their proprietary pump station controls and designs.   

“I have known, and been impressed with the Watertronics management team for many years," Parod added. "Their more than 20 years of experience in water pumping technology will be invaluable in working with the Lindsay team in developing new technologies, benefiting customers worldwide. Additionally, we believe Lindsay can expand the Watertronics sales reach, leveraging our global footprint. We are excited to welcome the management team and employees of Watertronics to the Lindsay family. We expect the acquisition to be accretive in fiscal 2008.”