Valmont Acquires Majority Stake in Brazil-Based Solar Energy Company

VALLEY, Neb. & UBERABA, Minas Gerais, Brazil--(BUSINESS WIRE)--Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced the purchase of a majority stake in Energia Solar do Brasil (Solbras), a leader in the photovoltaic (PV) energy sector. Effective immediately, the company will go to market under the Valley® brand. “As the irrigation industry’s worldwide leader,