ALAMO GROUP ANNOUNCES ACQUISITION OF ECON ENGINEERINGAcquisition Expands Alamo Group's Industrial Equipment Portfolio and Strengthens the Company's Platform in the United Kingdom SEGUIN, Texas, Oct. 27, 2026 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) ("Alamo Group" or the "Company") today announced that it has acquired Econ Engineering Group Limited ("Econ"), a leading UK manufacturer of roadway maintenance trucks and equipment for £120 million, or approximately $158,700,000, subject to customary closing adjustments. Founded in 1969 and headquartered in Ripon, North Yorkshire, Econ manufactures equipment used in year-round road maintenance, including gritters, de-icing vehicles, road patching and repair equipment, and multi-purpose truck bodies.
PRNewsWire10/27/2026Neutral