Tag: LeeBoy
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FAYAT Completes Deal, Fully Acquires LeeBoy
Three months ago, FAYAT, a family-owned global leader in construction equipment who reported $5.7 billion in revenue for 2024, shook the asphalt industry to the core with their planned acquisition of the Lincolnton, North Carolina, based manufacturer. When the news first broke, it was originally thought that the deal might not close until the end…
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FAYAT Acquires LeeBoy: What the Paving Industry Needs to Know
The news dropped late on a Tuesday night, June 24: French construction giant FAYAT Group signed an agreement to acquire LeeBoy, one of the most recognizable names in American blacktop industry. By Wednesday morning, Marvin Joles and I were already live, unpacking what it means for contractors, for the industry, and for the future of…
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FAYAT To Acquire LeeBoy From ST Engineering
Late last night for those on the east coast of the United States, the news dropped that FAYAT Group signed a definitive agreement with ST Engineering to acquire LeeBoy, the well-known U.S. manufacturer of road construction and maintenance equipment. This move represents a strategic expansion for FAYAT, deepening its presence in the North American market…
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FAYAT To Acquire LeeBoy From ST Engineering
Late last night for those on the east coast of the United States, the news dropped that FAYAT Group signed a definitive agreement with ST Engineering to acquire LeeBoy, the well-known U.S. manufacturer of road construction and maintenance equipment. This move represents a strategic expansion for FAYAT, deepening its presence in the North American market…