{"id":61466,"date":"2025-01-07T14:45:35","date_gmt":"2025-01-07T14:45:35","guid":{"rendered":"https:\/\/metos.global\/?p=61466"},"modified":"2025-01-21T12:50:37","modified_gmt":"2025-01-21T12:50:37","slug":"lindsay-pessl","status":"publish","type":"post","link":"https:\/\/metos.global\/en\/lindsay-pessl\/","title":{"rendered":"Lindsay Further Enhances Portfolio, Completes Acquisition of Minority Interest in Pessl Instruments"},"content":{"rendered":"\t\t
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Producers around the world benefit from strategic investment in agricultural solutions<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Lindsay Further Enhances Portfolio, Completes Acquisition of Minority Interest in Pessl Instruments<\/strong><\/h1>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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OMAHA, Nebraska, January 7th, 2025<\/strong> \u2013 Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it has completed its acquisition of a 49.9 percent minority interest in Austria-based Pessl Instruments.<\/p>

The investment in Pessl, a global provider of advanced technology solutions, helps advance Lindsay\u2019s efforts to drive significant investment and innovation in AgTech and address the food, fuel, and fiber demands of the world\u2019s growing population.<\/p>

The strategic partnership between Lindsay and Pessl has evolved and progressed since it was announced in May 2023, and producers are gaining significant advantage from the integration. Growers utilizing Lindsay\u2019s award-winning FieldNET\u2122 and FieldNET Advisor\u2122 remote irrigation management platforms, in conjunction with Pessl\u2019s METOS\u2122 weather stations, soil moisture probes, and data-driven FieldClimate software, benefit from advanced agronomic solutions. By combining these innovative tools, producers worldwide have access to a vast array of data points from in-field sensors, enabling them to make informed decisions that promote healthy crops, optimize inputs like water, fertilizer, and pesticides, and achieve higher yields.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cWith this investment, Lindsay will strengthen its position as the leading irrigation management and scheduling solution provider in the industry,\u201d<\/p><\/blockquote>

said Randy Wood<\/strong>, Lindsay President and CEO.<\/p>

\u201cNo other company has the same ability to connect on-farm equipment, in-field sensors and remote sensing assets to provide producers with affordable and scalable solutions. We are excited about the incredible potential that our investment in Pessl brings, as we continue to collaborate on the development of new AI-based products to add to our suite of Smart Pivot Solutions.”<\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Pessl boasts more than one million sensors connected to 100,000 in-field data collection devices globally, with 50,000 active customers using its FieldClimate online interface. These connected devices include weather stations, soil moisture probes, insect monitoring traps, crop monitoring cameras, soil and nutrient sampling, machine and asset trackers, providing key agronomic health indicators.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cWe are honored to be part of the Lindsay team. We will work to connect with producers worldwide and demonstrate how they can leverage the combined potential of FieldNET, the most robust and fully vertically integrated water management platform in the industry, and METOSTM<\/sup>\u00a0hardware and software solutions,\u201d<\/p><\/blockquote>

said Gottfried Pessl<\/strong>, Chief Executive Officer and Founder of Pessl Instruments.<\/p>

\u201cWe are excited to continue to drive innovation in AgTech and provide producers with advanced tools to enhance their productivity and efficiency.”<\/p><\/blockquote>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Lindsay\u2019s 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.<\/p>

For more on Lindsay\u2019s advanced solutions for ag producers worldwide, visit\u00a0lindsay.com\/irrigation<\/a><\/span>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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About Lindsay Corporation<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world\u2019s rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic\u2122 center pivot and lateral move agricultural irrigation systems, FieldNET\u2122 and FieldWise\u2122 remote irrigation management technology, FieldNET Advisor\u2122 irrigation scheduling technology, and industrial IoT solutions. Also a global leader in the transportation industry, Lindsay Transportation Solutions manufactures equipment to improve road safety and keep traffic moving on the world\u2019s roads, bridges and tunnels, through the Barrier Systems\u2122, Road Zipper\u2122 and Snoline\u2122 brands. For more information about Lindsay Corporation, visit\u00a0www.Lindsay.com<\/a><\/span>.<\/p>

FieldNET, FieldNET Advisor, FieldWise, Zimmatic, Barrier Systems, Road Zipper, and Snoline are trademarks or registered trademarks of Lindsay Corporation and\/or its affiliates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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About Pessl Instruments GmbH<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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For more than 40 years, Pessl has been offering tools for informed decision-making. A complete range of wireless, solar powered monitoring systems under the METOS\u2122\u00a0brand, and an online platform FieldClimate are applicable in all climate zones, in more than 25 languages and can be used in various industries and for various purposes \u2013 from agriculture to research, hydrology, meteorology, flood warning, snow removal, sports turf, smart city and many more. Over the years, METOS\u00a0has become a global brand with local support and has managed to reach out to almost every corner of the world. The METOS\u00a0brand lasts longer, performs better, is easier to use and offers you the lowest total cost of ownership. For more information about Pessl, visit\u00a0www.metos.global<\/a><\/span>.<\/p>

FieldClimate and METOS are trademarks of Pessl Instruments GmbH and\/or its affiliates.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced it has completed its acquisition of a 49.9 percent minority interest in Austria-based Pessl Instruments.<\/p>\n","protected":false},"author":2,"featured_media":61471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"0","ocean_second_sidebar":"0","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"0","ocean_custom_header_template":"0","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"0","ocean_menu_typo_font_family":"0","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"0","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[2,12],"tags":[64,555,556,198,456,20,16],"class_list":["post-61466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-press","tag-collaboration","tag-lindsay","tag-lindsay-corporation","tag-metos-by-pessl-instruments","tag-metosbypessl","tag-partnership","tag-pessl-instruments","entry","has-media"],"yoast_head":"\nLindsay Further Enhances Portfolio, Completes Acquisition of Minority Interest in Pessl Instruments - METOS by Pessl Instruments<\/title>\n<meta name=\"description\" content=\"Lindsay Further Enhances Portfolio, Completes Acquisition of Minority Interest in Pessl Instruments. 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