ACQUISITIONS

6 Months Ended

Jun. 28, 2025

ACQUISITIONS

ACQUISITIONS

(2) ACQUISITIONS

Acquisitions of Redeemable Noncontrolling Interests

In the first quarter of fiscal 2024, the Company acquired an additional approximately 9% ownership interest of ConcealFab, Inc. for $7,227 and the remaining ownership interest of Valmont Substations, LLC for $10,518. Subsequent to the second quarter of fiscal 2025, the Company acquired an additional approximately 30% ownership interest of Valmont Irrigation Argentina B.V. for $14,624. These transactions involved acquiring additional shares of consolidated subsidiaries without resulting in changes in control.