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

  • Hidromek is buying Mitsubishi’s grader range
    November 26, 2013
    Turkish construction equipment manufacturer Hidromek is looking to expand its product range with the acquisition of the Mitsubishi line-up. The deal was signed between Hidromek and Mitsubishi Heavy Industries (MHI). The signing ceremony took place in Ankara. This is the latest in a series of moves by Hidromek in its bid to expand its product range and increase its international presence as an equipment manufacturer. In addition to the benefits the new grader range will bring, the firm says that this acquisi
    Read More
  • XCMG develops overseas presence
    April 29, 2015
    Chinese construction equipment manufacturer XCMG is in the process of developing its operations outside of its home market, in a bid to strengthen its international profile XCMG recently won a large export order of 80 machines to the Middle East, which will raise the profile of the brand in this market. The deal is significant for XCMG as it gives the company a stronger foothold and greater brand recognition in the Middle East, helping with its plans to develop exports. The machine order includes an a
    Read More
  • Doubling sales of construction machines
    March 16, 2012
    LiuGong Construction Machinery says doubling its North American-based equipment sales in 2011, compared to the previous 12 months, reinforces the company's goal of being among the world’s top ten equipment manufacturers by 2015.
    Read More
  • Doubling sales of construction machines
    April 17, 2012
    LiuGong Construction Machinery says doubling its North American-based equipment sales in 2011, compared to the previous 12 months, reinforces the company's goal of being among the world’s top ten equipment manufacturers by 2015. The China-based firm claims much of its sales growth is due to its expanding network of dealers and staff throughout the United States and Canada.
    Read More

Highlighted Content