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

  • Dana strikes deal with Brevini
    November 21, 2016
    Transmission specialist Dana Incorporated has struck an agreement to purchase the power-transmission and fluid power businesses of Brevini Group. Under terms of the agreement, Dana plans to initially purchase an 80% share in the Brevini businesses, with an option to purchase the remaining 20% by 2020. Dana has valued the Brevini businesses at €325 million, including the assumption of approximately €100 million of net debt. The acquisition will expand Dana's product portfolio with adjacent technologies. I
    Read More
  • Zoomlion growing worldwide, particularly in lifting and concrete machine operations
    November 12, 2014
    Zoomlion is confident of future growth in its share of the world market for construction machines - Mike Woof writes Chinese manufacturers now lead the world in both lifting and concrete delivery systems, with Zoomlion featuring a particularly high profile. As one of the biggest manufacturers of construction equipment in China, Changsha-based Zoomlion is now a leading player worldwide in truck cranes, crawler cranes and tower cranes in particular. The firm recently raised its profile by combining its mobil
    Read More
  • Jacobs and CH2M to merge in a US$3.27 deal
    August 3, 2017
    Global US infrastructure firm Jacobs Engineering Group and one of its main rivals, CH2M, are to merge under a US$3.27 billion deal. In a written statement, Jacobs said it will acquire all of the outstanding shares of CH2M in a cash and stock transaction, including around $416 million of CH2M debt. CH2M had global revenue in the past 12 months of around $4.4 billion and about 20,000 employees. Its contracts are in the water, transportation, environmental and nuclear sectors.
    Read More
  • Lintec & Linnhoff’s new plans
    December 1, 2020
    Lintec & Linnhoff is unveiling its new market expansion plans after a successful business transformation
    Read More

Highlighted Content