ALAMO GROUP ANNOUNCES ACQUISITION OF ECON ENGINEERING
PR Newswire•27/10/2026•16:15 ET
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Key Highlights
- ➤Alamo Group acquired Econ Engineering for £120 million, or approximately $158,700,000
- ➤Econ generated approximately $88 million net sales and $38.5 million Adjusted EBITDA
- ➤Econ operates a rental fleet of approximately 1,300 vocational trucks across the UK
- ➤Acquisition strengthens Alamo Group’s Industrial Equipment platform in the United Kingdom
Expert Statements
Robert Hureau, Chief Executive Officer, Alamo Group Inc.
“Econ is a strong addition to Alamo Group and advances our strategy to expand our Industrial Equipment portfolio”
Robert Hureau, Chief Executive Officer, Alamo Group Inc.
“Its leading market position, differentiated products, strong customer service capabilities, attractive financial profile, and resilient end-markets make Econ a great fit with our portfolio of industrial businesses.”
Robert Hureau, Chief Executive Officer, Alamo Group Inc.
“Econ also gives us a stronger platform in the UK and creates opportunities for long-term growth.”
Robert Hureau, Chief Executive Officer, Alamo Group Inc.
“Beyond the initial synergies we expect from bringing Econ onto Alamo Group's platform, we see significant room to grow the business both within and beyond its core market.”
Jonathan Lupton, Managing Director, Econ Engineering
“We are pleased to join Alamo Group and believe the combination provides an excellent foundation for the continued development of Econ”
Jonathan Lupton, Managing Director, Econ Engineering
“Alamo Group understands specialty equipment businesses and the importance of product quality, service and long-term customer relationships.”
ALAMO GROUP ANNOUNCES ACQUISITION OF ECON ENGINEERING PR Newswire
Acquisition Expands Alamo Group's Industrial Equipment Portfolio and Strengthens the Company's Platform in the United Kingdom
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