FAYAT plans to buy LeeBoy

The FAYAT plans to buy the US LeeBoy road machinery manufacturer.
By MJ Woof June 25, 2025 Read time: 1 min
LeeBoy’s factory is in Lincolnton, North Carolina - image © courtesy of Mike Woof


The FAYAT Group has signed a deal with ST Engineering to acquire LeeBoy, a US-based company that designs and manufactures road construction machinery.

LeeBoy offers a wide range of asphalt pavers and other road repair equipment, as well as compact graders. The deal is significant for the FAYAT Group, a further sign of its growing presence in the US road construction segment. The FAYAT Group previously bought asphalt plant firm ADM.

LeeBoy is headquartered in Lincolnton, North Carolina, to the north of Charlotte. The deal will further strengthen the FAYAT Group's presence in the US road machinery market as LeeBoy has a considerable stake in this segment.

The completion of the transaction remains subject to certain conditions, including customary regulatory approvals in the United States. The FAYAT Group says that it expects to obtain these approvals and finalise the acquisition of LeeBoy during the fourth quarter of 2025.

 

 

Asphalt milling, paving & compaction

For more information on companies in this article

Related Content

  • LeeBoy launching new extraction earthmoving and utility machines
    January 30, 2017
    LeeBoy is launching a series of new extraction earthmoving and utility machines manufactured at its facility in India. The firm intends to capitalise on the growing demand for construction machinery for the Indian market, as well as providing equipment for export to other developing markets. A key development from the Indian facility is the new blasthole drill rig, which is based on the undercarriage and slewing structure of its 23tonne class excavator. This features a Sandvik DTH unit and is designed for s
    Read More
  • Volvo CE US$100 million Americas expansion
    March 22, 2013
    Volvo Construction Equipment president Pal Olney stressed the long-term importance to the company of the North American market while formally recognising the industry giant’s US$100 million expansion programme at its Shippensburg, Pennsylvania facility. Olney cut the ribbon to officially open Volvo CE’s new Americas’ headquarters building. The event also saw the unveiling of the first wheeled loader to roll off the Shippensburg site’s cutting edge assembly line. On the significance of the two big landmarks,
    Read More
  • New developments for soil compaction market
    March 6, 2015
    New compaction machines will meet the latest emission standards for Europe and North America while firms from China are also competing globally - Mike Woof writes. The market for compaction equipment has become very competitive in recent years, most notably in the segment for soil compactors. The major US and European firms have developed more productive machines for use in both developed and developing markets. Meanwhile Chinese manufacturers are also competing in the soil compaction segment for the local
    Read More
  • $5.16 billion for two Philippines’ expressways
    February 21, 2025
    US$5.16 billion will be spent on two expressways in the Philippines.
    Read More

Highlighted Content