Monitor Alamo's next quarterly report for the impact of the acquisition on Industrial Equipment segment revenue and margin, as well as any change in leverage ratios from the debt-funded purchase.
Price Chart
Executive Summary
Alamo Group acquired UK-based Econ Engineering for £120 million (~$158.7 million) to expand its Industrial Equipment portfolio and strengthen its UK platform. Econ generated $88 million in net sales and $38.5 million in Adjusted EBITDA in its fiscal year ended March 2026, implying a ~4.1x EBITDA multiple. The deal was funded via Alamo's revolving credit facility.
Key Financial Metrics
Key Facts
- Acquisition of Econ Engineering Group Limited for £120 million (~$158.7 million)
- Econ generated $88 million net sales and $38.5 million Adjusted EBITDA in FY ended March 31, 2026
- Econ is a UK manufacturer of roadway maintenance trucks and equipment
- Purchase price funded through Alamo Group's revolving credit facility
- Econ will become part of Alamo Group's Industrial Equipment Division
Financial Impact
~$158.7 million acquisition, funded with debt; Econ's EBITDA of $38.5M implies ~4.1x EBITDA multiple
Risk Factors
- Integration risk: combining a UK-based business with Alamo's existing operations
- Currency risk: GBP/USD fluctuations could affect the realized purchase price and future earnings
- Debt-funded acquisition increases leverage; monitor interest coverage and covenant compliance
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302921217 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 5d ago | 8-K | $144.29 | awaiting T+20 | awaiting T+20 | $147.76 (+2.40%) |
Oct 27, 2026 5d ago | Press Release | $144.29 | awaiting T+20 | awaiting T+20 | $147.76 (+2.40%) |
Oct 14, 2026 18d ago | Institutional Cluster | $152.62 | awaiting T+20 | awaiting T+20 | $147.76 (−3.18%) |
Oct 7, 2026 25d ago | SC 13G/A | $156.91 | awaiting T+20 | awaiting T+20 | $147.76 (−5.83%) |
Oct 1, 2026 4w ago | Press Release | $161.01 $147.76 | ▼ −8.23% | ▼ −6.42% | $147.76 (−8.23%) |
Aug 15, 2026 11w ago | Institutional Cluster | $161.87 $169.47 | ▲ +4.70% | ▲ +6.67% | $147.76 (−8.72%) |
Aug 3, 2026 12w ago | Press Release | $170.33 $164.10 | ▼ −3.66% | ▼ −2.42% | $147.76 (−13.25%) |
Mar 24, 2026 31w ago | Insider Cluster | $170.90 $169.25 | ▼ −0.96% | ▼ −9.87% | $147.76 (−13.54%) |
Mar 19, 2026 32w ago | DEFA14A | $159.49 $172.96 | ▲ +8.44% | ▼ −0.87% | $147.76 (−7.36%) |
Mar 9, 2026 34w ago | Insider Cluster | $167.58 $167.88 | ▲ +0.18% | ▲ +2.98% | $147.76 (−11.82%) |
US Market Status
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