Lindsay completes acquisition of 49.9% minority interest in Pessl Instruments

Lindsay (LNN) announced it has completed its acquisition of a 49.9% minority interest in Austria-based Pessl Instruments. Lindsay’s agreement to make this investment was previously announced on April 3, 2024, and was subject to customary closing conditions including regulatory approvals. As previously disclosed, Lindsay also has an option to acquire the remainder of Pessl at a later date.