Aebi Schmidt Group enters into agreement to acquire OJ Watson, expanding the Group’s geographic reach and strengthening its municipal business in North America
Key Highlights
- ➤Aebi Schmidt agrees to acquire 100% of OJ Watson shares
- ➤OJ Watson generated approximately $28 million revenue last fiscal year
- ➤Acquisition expands Aebi Schmidt’s presence into the Rocky Mountain region
- ➤Transaction expected to close before year-end 2026, subject to customary conditions
- ➤Deal expected to be accretive to earnings per share in the first year
Expert Statements
Barend Fruithof, Chairman and Chief Executive Officer of Aebi Schmidt Group
“We are delighted to welcome OJ Watson to the Aebi Schmidt Group. Until now, we have not had a presence of our own in the Rocky Mountains. OJ Watson closes that gap, and we look forward to growing with a company that has earned the respect and trust of municipalities and cities across the region.”
Mark Eckrich, Managing Director of OJ Watson
“This is a significant step for our family and our team. We know Aebi Schmidt from our work together, and we share the same values. As part of the Group, we can now draw on the innovation and expertise of one of the world’s leading specialty vehicle manufacturers, and our customers will benefit directly.”
FRAUENFELD, Switzerland, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Aebi Schmidt Holding AG (NASDAQ: AEBI) (“Aebi Schmidt Group” or the “Group”), a world-class specialty vehicles leader, today announced an agreement to acquire 100% of the shares of O.J. Watson Equipment (“OJ Watson”), a family-owned municipal and commercial upfitter based in Denver, Colorado. The pending acquisition will give Aebi Schmidt Group a direct presence in the Rocky Mountain region for the first time and strengthen its municipal business in North America.
“We are delighted to welcome OJ Watson to the Aebi Schmidt Group. Until now, we have not had a presence of our own in the Rocky Mountains,” said Barend Fruithof, Chairman and Chief Executive Officer of Aebi Schmidt Group. “OJ Watson closes that gap, and we look forward to growing with a company that has earned the respect and trust of municipalities and cities across the region.”
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