ALAMO GROUP INC (ALG): Completion of Acquisition or Disposition of Assets

Alamo Group (ALG) acquired UK-based Econ Engineering Group, a manufacturer of roadway maintenance equipment, for £120M ($158.7M). Econ produces gritters, de-icing vehicles, and road repair tools, with a rental fleet of 1,300 trucks.

Alamo Group Inc. (NYSE: ALG) acquired Econ Engineering Group Limited, a UK roadway maintenance equipment manufacturer, for £120 million ($158.7 million). Econ generated $88 million in net sales and $38.5 million in Adjusted EBITDA in its last fiscal year. The acquisition advances Alamo's strategy to expand its Industrial Equipment portfolio.

Alamo Group Inc. (NYSE: ALG) acquired Econ Engineering Group Limited, a UK roadway maintenance equipment manufacturer, for £120 million ($158.7M). Econ reported $88M in net sales and $38.5M in adjusted EBITDA for fiscal 2026. The acquisition expands Alamo's industrial equipment portfolio and strengthens its UK presence, according to the company.

Alamo Group Inc. (ALG) acquired UK-based Econ Engineering for £120M, funded through its revolver. Econ reported FY26 net sales of ~$88M and ~$38.5M in Adjusted EBITDA, according to Alamo.

Alamo Group (NYSE:ALG) reported Q2 CY2026 revenue of $450.7 million, up 7.6% year over year, beating Wall Street estimates by about 3%. Non-GAAP adjusted EPS was $2.82, up from $2.57, and 2.9% above consensus. Analysts expect full-year EPS to rise from $9.42 to $11.19 over the next 12 months.

Alamo Group Inc. (NYSE: ALG) reported Q2 2026 net sales of $450.7 million, up 7.6% year over year. Net income was $30.9 million, or $2.55 EPS. Adjusted net income was $34.2 million, or $2.82 adjusted EPS, up 7.2%. Adjusted EBITDA was $63.9 million. The company renewed its credit facility in May 2026 with $602.5 million committed capacity.