Valmont Closes Acquisition of HR Products

Valmontยฎ Industries, Inc. (NYSE: VMI), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced the closing of its previously announced agreement to acquire HR Products, a leading wholesale supplier of irrigation parts in Australia.

HR Products provides a broad range of irrigation products to serve the agriculture and landscaping industries. The company was established in Perth, Western Australia in 1979, and has grown a proven distribution network with robust operations across the country. The acquisition strengthens Valmontโ€™s value proposition to customers in the key agriculture market of Australia by expanding its geographic footprint and accelerating the companyโ€™s aftermarket parts presence.

About Valmont Industries, Inc.

For over 75 years, Valmont has been a global leader in creating vital infrastructure and advancing agricultural productivity. Today, we remain committed to doing more with less by innovating through technology. Learn more about how weโ€™re Conserving Resources. Improving Life.ยฎ at valmont.com.

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