ALAMO GROUP INC (ALG) Form 8-K — Oct 27, 2026
$ALGForm 8-KItems 1.01, 2.01, 7.01, 9.01Filed Oct 27, 2026, 4:20 PM ET0000897077-26-000105Original filing
Alamo Group (NYSE: ALG) announced on October 27, 2026 that it completed the acquisition of 100% of Econ Engineering Group Limited for approximately £120 million, or about $158.7 million, subject to closing adjustments. The deal closed the same day it was signed, funded through Alamo Group's revolving credit facility. Econ is a UK-based manufacturer of roadway maintenance equipment — gritters, de-icing vehicles, and road repair machinery — founded in 1969 and headquartered in Ripon, North Yorkshire.
Key figures
- Deal Value Usd
- 158700000
- Purchase price gbp
- 120000000
- Rental fleet trucks
- 1300
- Econ fy2026 net sales
- $88 million
- Target working capital gbp
- 8107798.15
- Econ fy2026 adjusted ebitda
- $38.5 million
- Extracted assets consideration gbp
- 13502140.32
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.