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

  • £495 million National Highways specialist contract
    July 1, 2025
    A £495 million National Highways specialist engineering advice contract has been awarded.
    Read More
  • Zoomlion ends pursuit of Terex Corporation
    May 31, 2016
    Zoomlion has ended its multi-billion dollar bid to acquire Terex Corporation. In a statement to customers, Ken Lousberg, Terex Cranes president, said that discussions between the two construction equipment industry heavyweights over a near US$3.3 billion deal had been terminated. Lousberg said the recently announced sale of Terex Corporation’s Material Handling and Port Solutions business segment to Finland-based Konecranes for around $1.3 billion is proceeding as planned, subject to regulatory and Konecra
    Read More
  • Zoomlion ends pursuit of Terex Corporation
    May 31, 2016
    Zoomlion has ended its multi-billion dollar bid to acquire Terex Corporation. In a statement to customers, Ken Lousberg, Terex Cranes president, said that discussions between the two construction equipment industry heavyweights over a near US$3.3 billion deal had been terminated. Lousberg said the recently announced sale of Terex Corporation’s Material Handling and Port Solutions business segment to Finland-based Konecranes for around $1.3 billion is proceeding as planned, subject to regulatory and Konecra
    Read More
  • Novel machines for utilities work
    May 31, 2017
    Some of the latest BOMAG compaction and paving machines are being used to handle operations more efficiently in South Africa. The Kwa Mhlanga Group is now using innovative technology from BOMAG as an opportunity to look for gaps in the market. One key to this business development has been the introduction of the BMP 8500 multipurpose compactor from BOMAG, while another has been the use of the BOMAG BF 800 P paver. Due to its interest in technological advances, particularly in the European market, the Kwa
    Read More

Highlighted Content