Alamo Group Acquires Royal Truck & Equipment
October 10, 2023
Alamo Group Inc. acquired 100% of the outstanding equity of Royal Truck & Equipment, a Shoemakersville, Pennsylvania-based manufacturer of truck-mounted highway attenuator trucks and other highway safety equipment. The acquisition adds a new platform for Alamo in the highway safety equipment market and is expected to accelerate Royal Truck's growth amid increased government infrastructure spending.
- Buyers
- Alamo Group Inc.
- Targets
- Royal Truck & Equipment, Inc.
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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