Alamo Group announces acquisition of Econ Engineering
ALG•Alamo Group is acquiring Econ Engineering for £120 million, or $158.70 million. The purchase price will be funded through Alamo Group’s revolving credit facility, and Econ will join its Industrial Equipment division.
1. Acquisition details
Alamo Group said it is buying Econ Engineering for £120 million, or $158.70 million. The purchase price will be funded through Alamo Group’s revolving credit facility, and Econ will join the company’s Industrial Equipment division.




