Alamo Group completes $158.7 million acquisition of UK maker Econ Engineering
Alamo Group Inc. completed its acquisition of Econ Engineering Group Limited, a UK manufacturer of roadway maintenance trucks and equipment, on October 27, 2026, for approximately £120 million, or about $158.7 million, subject to post-closing adjustments. The purchase was funded through the company's revolving credit facility, and Econ becomes part of the Industrial Equipment Division. The filing does not provide Alamo Group's own financial results or the deal's expected effect on its earnings.
Key points
- Purchase price: approximately £120 million, or about $158.7 million, subject to post-closing adjustments.
- Closing date: October 27, 2026, the same day the purchase agreement was announced.
- Econ's fiscal year ended March 31, 2026: approximately $88 million of net sales and $38.5 million of Adjusted EBITDA.
- Funding: Alamo Group's revolving credit facility; D.A. Davidson MCF International was financial advisor.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.