Alamo Group Acquires Econ Engineering for $158.7M
Seguin-based Alamo Group has acquired the UK roadway-maintenance equipment manufacturer, adding a rental fleet of approximately 1,300 trucks.
Alamo Group has acquired Econ Engineering Group for £120 million, approximately $158.7 million, subject to customary closing adjustments.
Founded in 1969 and based in Ripon, North Yorkshire, Econ manufactures roadway-maintenance vehicles, including gritters, de-icing equipment, road-repair trucks and multipurpose truck bodies.
The business also operates a rental fleet of approximately 1,300 vocational trucks, supported by parts and servicing operations. Its customers include local authorities, government agencies and contractors throughout the United Kingdom.
Econ generated approximately $88 million in sales during its financial year ended March 31, 2026. It will join Alamo Group’s Industrial Equipment Division.
The acquisition was funded through Alamo’s revolving credit facility. It expands the Texas-headquartered manufacturer’s UK operating platform, with no separate factory construction project announced.
Overview:
- Acquirer: Alamo Group
- Headquarters: Seguin, Texas
- Target: Econ Engineering Group
- Target Location: Ripon, United Kingdom
- Sector: Roadway-maintenance equipment
- Purchase Price: £120 million / approximately $158.7 million
- Products: Gritters, de-icing vehicles and road-repair equipment
- Rental Fleet: Approximately 1,300 trucks
- Division: Industrial Equipment
- Status: Acquisition completed
- Announcement: October 27, 2026