Mergers & AcquisitionsMedium•27 October 2026•
1 min read
Alamo Group Acquires UK-Based Econ Engineering for $158.7 Million
Key Facts
1Alamo Group acquired UK-based Econ Engineering for £120 million, or approximately $158.7 million.
Alamo Group acquired UK-based Econ Engineering for £120 million, or approximately $158.7 million. PR Newswire reported that the acquisition aims to expand Alamo Group's industrial equipment portfolio and strengthen its market presence in the United Kingdom, with Econ Engineering set to join the company's Industrial Equipment Division.
ALG closed at $144.53 on October 26, 2026, prior to the announcement of the deal for the company which generated $88 million in net sales for its fiscal year ended March 31, 2026. This expansion follows economic data from the UK showing the Manufacturing PMI reached 52.8 on October 23, 2026.