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

  • Fayat reports strong financial performance
    January 28, 2015
    The Fayat Group reports a strong financial performance for 2014. Group turnover reached €3.5 billion, of which 38% came from the road construction sector including the BOMAG and Marini business segments. The privately held company does not reveal its complete financial figures but said that international sales have been very healthy.
    Read More
  • Fayat reports strong financial performance
    January 6, 2017
    The Fayat Group reports a strong financial performance for 2014. Group turnover reached €3.5 billion, of which 38% came from the road construction sector including the BOMAG and Marini business segments. The privately held company does not reveal its complete financial figures but said that international sales have been very healthy.
    Read More
  • STRABAG reports satisfactory financial performance
    February 22, 2016
    Construction firm STRABAG says that its performance in the 2015 financial year was ‘satisfactory’ and that its outlook for 2016 is positive. “We closed an overall satisfactory year in 2015 with a higher output volume on nearly unchanged employee levels and a lower order backlog. In 2016 we want to maintain the output volume at its high level and raise our EBIT margin to 3%. Thanks to our improved risk management and cost reductions, we are confident that we will reach this goal after having also succeeded i
    Read More
  • Develon’s customer day success in Korea
    October 25, 2023
    Develon reports that its customer day in Korea was a success.
    Read More

Highlighted Content